By Ken Martin Published January 09, 2019 Stocks FOXBusiness Facebook Twitter Comments Print video Stocks rally on renewed optimism over US-China trade talks “Bulls & Bears” panel discuss how trade talks between the U.S. and China are helping U.S. stocks rally. U.S. stocks opened higher Wednesday, headed for their fourth straight session of gains, as trade negotiators for the U.S. and China extended talks for an unscheduled third day. Continue Reading Below The decision to keep negotiating fueled optimism the world's largest economies can strike a trade deal and avoid disrupting the global economy. MORE FROM FOXBUSINESS.COM WHY OCASIO-CORTEZ'S 70% 'SOAK-THE-RICH' TAX MAY FAIL IF PG&E GOES BANKRUPT, WHAT HAPPENS NEXT? SAMSUNG APPLIANCE PRICES ROSE DUE TO US-CHINA TRADE WAR The U.S. trade delegation was set to return to the United States later on Wednesday after what a U.S. official called a "good few … [Read more...] about Stocks rise on optimism about trade talks
LONDON (Reuters) - Oil prices climbed 2 percent on Wednesday as the extension of U.S.-China talks in Beijing raised hopes that the world’s two largest economies would resolve their trade standoff. FILE PHOTO: Pumpjacks are seen against the setting sun at the Daqing oil field in Heilongjiang province, China December 7, 2018. REUTERS/Stringer U.S. West Texas Intermediate (WTI) crude oil futures CLc1 were at $50.84 per barrel at 1220 GMT, up $1.06, or 2.13 percent, the first time this year that WTI has topped $50. International Brent crude futures LCOc1 were up $1.14, or 1.94 percent, at $59.86 per barrel. Both crude price benchmarks added to Tuesday’s 2 percent gains and have now been on the rise for eight straight days - their longest rally since June 2017. “After a dreadful December for risk markets, crude oil continues to catch a positive vibe,” said Stephen Innes at futures brokerage Oanda in Singapore, citing tensions between the superpowers … [Read more...] about Oil rises 2 percent on U.S.-China trade talk optimism
Sections SEARCH Skip to content Skip to site index Business Subscribe Log In Log In Today’s Paper Business | U.S.-China Trade Talks End. Now High-Level Talks Can Begin. Supported by ByKeith Bradsher Jan. 9, 2019 BEIJING — Three days of trade negotiations between midlevel American and Chinese officials ended in Beijing on Wednesday afternoon with progress in identifying and narrowing the two sides’ differences but little sense of when they might reach a deal. The trade talks could help clear the way for higher-level talks later this month, when President Trump attends the World Economic Forum in Davos, Switzerland. Vice Premier Liu He, China’s economic czar, is expected to come to Washington sometime after that. A United States government official confirmed that the talks had ended but declined to elaborate. Chinese officials had no immediate comment, but the Commerce Ministry is expected to … [Read more...] about U.S.-China Trade Talks End. Now High-Level Talks Can Begin.
Ted McKinney, U.S. undersecretary for trade and foreign agricultural affairs and part of the U.S. negotiating team, enters his hotel Tuesday in Beijing after a second day of meetings with Chinese officials. U.S.-China trade talks in Beijing are progressing and will extend into today, an American negotiator said. The discussions during the past two days "went well," according to Steven Winberg, an Energy Department official who spoke to reporters in Beijing. "I can confirm we're continuing tomorrow," he said Tuesday. The reason for the extension of meetings originally scheduled for two days wasn't immediately clear. President Donald Trump earlier expressed optimism in a tweet, exclaiming "Talks with China are going very well!" Chinese authorities plan to release a statement after the latest round of negotiations. Earlier on Tuesday, Chinese Foreign Ministry spokesman Lu Kang told reporters at a regular briefing in Beijing that "we will release a detailed readout after they are … [Read more...] about Trade talks in China extended a day, American says
Global stock market rally moves into fourth day amid reports of a positive end to trade talks between the US and China. Talks concluded on Wednesday, 24 hours after their scheduled ending. No official word has come from the talks yet, but one senior Chinese journalist reported that “the situation is quite positive.” European and Asian stocks rose Wednesday, while futures point to a positive open in the US. Follow global markets live at Markets Insider. Global markets continue their resurgence on Wednesday after trade talks between the US and China look to have ended on a positive note. Three days of talks between Washington and Beijing wrapped up Wednesday morning, having initially been scheduled to finish Tuesday. No official word on any agreement between the sides has yet been announced, but signs are that a preliminary deal may have been agreed. “Based on what I know, the situation is quite positive,”Hu Xijin, the editor in chief of the state run … [Read more...] about ‘It’s been a good one for us’: Global stocks rally for a 4th day as US-China trade talks conclude on high note