NEW YORK (Reuters) - Wall Street rebounded on Wednesday as investor optimism got a boost from U.S. President Donald Trump’s remarks that talks with China on an interim trade deal were going “very well.”
All three major U.S. stock indexes snapped a three-day losing streak with a broad-based rally, led by financial, healthcare and tariff-sensitive technology stocks.
Trump’s comments supported a Bloomberg report that the world’s two largest economies were closer to agreeing how many tariffs would be rolled back in a “phase one” trade deal.
Fears that a stalemate in negotiations could lead to new ...
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