The first full trading week of the fourth quarter kicks off, the U.S. and China will resume trade talks and we'll get a key reading on the German economy.
But on Thursday the tide began to change. Stocks started a steady climb higher — boosted by aat the Fed's upcoming October 30 meeting — which continued on Friday when U.S. unemployment data came in at its lowest print in more than 50 years.
But Thursday and Friday's gains weren't quite enough to erase the sell-off earlier in the week, and the Dow andIt might feel like the U.S./China trade talks have been going on forever, but critical meetings are slated for next week. National Economic Council Director Larry Kudlow told members of the media on Friday that deputies in the U.S.-China trade negotiations will meet Monday, with the top level officials beginning discussions on Thursday.
There's a lot riding on the outcome of these talks. The Trump administration has imposed tariffs on more than $500 billion of Chinese goods, with another round of tariffs set to go into effect later this month. In retaliation, China has levied its own tariffs on more than $100 billion of American goods.
The United States and China are the world's largest economies, so tensions between the two superpowers hit global markets. On Friday President Donald Trump said there's a "very good chance" of making a deal, and that if it goes through it will be "the biggest trade deal ever made."
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Georgia thief takes coffee break in middle of three-hour burglary spreeIn video released by police, the masked man can be seen packing up a cart full of stolen items before walking over to a coffee machine several times.
Weiterlesen »
Ngaiire Shares First New Music In Three Years With 'Shiver': ExclusiveThe drought is official over with the release of Ngaiire's “Shiver,” which Billboard exclusively premieres today.
Weiterlesen »
Three indicted on federal drug charges in rapper Mac Miller's deathThree accused drug dealers who prosecutors say supplied rapper Mac Miller with t...
Weiterlesen »
Mac Miller: Three Men Officially Charged in Connection with Rapper’s DeathMac Miller: Three men officially face conspiracy and drug distribution charges in connection with the rapper's death
Weiterlesen »
Three Men Indicted in Mac Miller Drug OverdoseAll 3 men arrested in connection with Mac Miller's death have now been indicted.
Weiterlesen »
Three men charged with providing drugs that killed rapper Mac MillerA grand jury indictment accuses the men of conspiring and distributing cocaine and oxycodone pills laced with fentanyl that caused rapper Mac Miller’s death in 2018.
Weiterlesen »