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Wall Street rebounds on renewed U.S.-China trade optimism


NEW YORK (Reuters) - Wall Street gained ground on Wednesday in a broad-based rally as investor sentiment brightened after U.S. President Donald Trump said talks with China on an interim trade deal were going “very well.”

All three major U.S. stock indexes were on course to snap a three-day losing streak, with financials and tariff-sensitive technology stocks leading the charge.

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.

“(The report) saying that White House officials are ...


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