Wall Street steadies for second straight session

Economies.com
2019-02-20 15:17PM UTC

Wall Street steadied at the open today as investors await new developments in US-China trade talks. 

 

President Trump said he'd be happy to cancel tariffs if a deal is reached with China, adding his administration is nearer that goal than ever. 

 

Chinese President Xi Jinping also said the talks will carry on in Washington this week, hoping for an agreement soon before the truce deadline in early March. 

 

However markets still don't see noticeable results despite the positive remarks, spreading doubts. 

 

Now investors await the Federal Reserve's meeting minutes for the January 29-30 meeting, at which policymakers voted to hold rates unchanged below 2.50%. 

 

Dow Jones fell six points to 25,882, while Nasdaq added 0.1% to 7,496, as Standard and Poor's 500 inched up a point to 2,781. 

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