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Wall Street set for weak open as caution prevails ahead of trade talks
Tariff concessions from the United States and China last month fanned hopes of a dissolution to a prolonged trade war, but market participants have grown nervous about the outcome of high-level negotiations that begin on Thursday. Chinese officials signaled they were increasingly reluctant to agree to a broad trade deal pursued by U.S. President Donald Trump, Bloomberg reported over the weekend. "Right now, investors are more focused on an actual outcome from these talks, but a majority have become somewhat skeptical that there will be something concrete this week," said Rick Meckler, partner at Cherry Lane Investments, New Vernon, New Jersey.
https://finance.yahoo.com/news/wall-street-set-weak-open-131240780.html?.tsrc=rss
Tariff concessions from the United States and China last month fanned hopes of a dissolution to a prolonged trade war, but market participants have grown nervous about the outcome of high-level negotiations that begin on Thursday. Chinese officials signaled they were increasingly reluctant to agree to a broad trade deal pursued by U.S. President Donald Trump, Bloomberg reported over the weekend. "Right now, investors are more focused on an actual outcome from these talks, but a majority have become somewhat skeptical that there will be something concrete this week," said Rick Meckler, partner at Cherry Lane Investments, New Vernon, New Jersey.
https://finance.yahoo.com/news/wall-street-set-weak-open-131240780.html?.tsrc=rss
