By Ken Martin Published March 04, 2019 Stocks FOXBusiness Facebook Twitter Comments Print video Stocks a buy in this market environment? Kadina Group President Gary B. Smith on the outlook for the U.S. economy and markets. Equity futures were rising Monday on optimism that a trade deal between the U.S. and China is drawing closer. Continue Reading Below Dow Jones futures were rising by 0.3 percent. The S&P 500 added 0.3 percent and the Nasdaq Composite was up 0.4 percent. MORE FROM FOXBUSINESS.COM US, CHINA CLOSING IN ON A TRADE DEAL NAVY'S NEWEST SYPERSONIC STEALTH FIGHTER: WHAT TO KNOW MMA GOES MAINSTREAM WITH PFL ESPN DEAL Beijing has offered to lower tariffs and other restrictions on American farm, chemical, auto and other products and Wis ashington considering removing most, if not all, sanctions levied against Chinese products since last year, according to the Wall Street Journal. The talks have, however, … [Read more...] about Stock futures rise on US-China trade deal hopes
Us china trade deal
The Trump administration said levying tariffs would pressure China to address intellectual-property transfer and other policies. Experts have long seen the second-largest economy as unlikely to budge on those issues. Ahead of a March deadline for trade negotiations, they remain unresolved. Since igniting a trade war with Beijing last year, the White House has said it would force the world’s second-largest economy to change policies seen as unfair. Seven months and hundreds of billions of dollars worth of tariffs later, President Donald Trump appears to be bracing for the possibility of that not happening. “[New York Senator Chuck] Schumer’s gonna stand up and say, ‘Oh, it should have been better,'” he said of a US-China trade deal on Friday in the Rose Garden while declaring a national emergency over border security. “Sadly, I’d probably do the same thing to them.” After multiple meetings between high-level trade delegations from … [Read more...] about Trump seems worried about falling short on a US-China trade deal. He has good reason to be, according to experts.
Damian J. Troise and Alex Veiga, Ap Business Writers Updated 2:16 pm PST, Tuesday, February 12, 2019 FILE- In this Feb. 5, 2019, file photo traders Joseph Lawler, left, and James Lamb work on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Tuesday, Feb. 12. FILE- In this Feb. 5, 2019, file photo traders Joseph Lawler, left, and James Lamb work on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Tuesday, Feb. 12. Photo: Richard Drew, AP Photo: Richard Drew, AP Image 1 of / 10 Caption Close Image 1 of 10 FILE- In this Feb. 5, 2019, file photo traders Joseph Lawler, left, and James Lamb work on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Tuesday, Feb. … [Read more...] about US stocks surge on US-China trade deal optimism
By Ken Martin Published February 08, 2019 Stocks FOXBusiness Facebook Twitter Comments Print video US-China trade deal looms over IP theft issue The Wall Street Journal Global Economics Editor Jon Hilsenrath discusses the progress towards a U.S.-China deal as the March 1st trade deadline rapidly approaches. Equity futures were indicating a lower open on Friday when trading begins as investors remain concerned about trade relations between the U.S. and China. Continue Reading Below Another round of talks is scheduled for next week in Beijing, but President Trump said on Thursday he did not plan to meet with Chinese President Xi Jinping before the March 1 deadline set by the two countries for reaching a trade pact. MORE FROM FOXBUSINESS.COM AMAZON'S JEFF BEZOS SAYS NATIONAL ENQUIRER THREATENED BLACKMAIL OVER NAKED SELFIES JUDGE GIVES EDDIE LAMPERT THE GREENLIGHT AS SEARS GETS A SECOND SHOT AT LIFE FOR MILLENNIALS, VENMO IS AN … [Read more...] about Stock futures point lower on US-China trade deal concerns
Deutsche Bank’s China-based analysts think the probability of a US-China trade deal has increased to 50%. However, any trade deal will only mark the end of a battle, not the ongoing “economic cold war”. They pointed to last month’s provocative speech by US vice-president Mike Pence as evidence of America’s entrenched anti-China stance. Analysts at Deutsche Bank think the odds of a US-China trade deal have improved, with possible concessions from both sides now in play. Asian markets surged on Friday afternoon and the AUD got a sharp boost, after media reports indicated US President Trump had issued instructions to draft a trade deal. But gains in the Aussie were tempered on Friday night after Larry Kudlow, Trump’s chief economic advisor, said a trade deal wasn’t in the works yet. And some analysts speculated that it was a political ploy by Trump ahead of Tuesday’s mid-term elections. In the wash-up, Zhiwei Zhang and Yi Xioing from … [Read more...] about A US-China trade deal may end the battle, but it won’t end the ‘economic cold war’