President Xi suggested China will not be a pushover in trade negotiations
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| | 11/22/2019 | |
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Stocks Set for Weekly Losses on Mixed Trade Messages | By Karee Venema | | The Dow Jones Industrial Average (DJI) has explored both sides of breakeven today, as traders digest mixed messages on the U.S.-China trade front. While both President Donald Trump and Chinese President Xi Jinping waxed optimistic about a "phase one" trade deal, the latter also said that Beijing would "fight back," if necessary, to ensure an "agreement on the basis of mutual respect and equality." At last check, the Dow and the S&P 500 Index (SPX) were holding modestly higher, while the Nasdaq Composite (IXIC) was in the red -- with all three indexes putting their weekly win streaks at risk. | >> Continue reading... | |
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