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Wall Street hits fresh record high on fresh US-China trade deal hopes

China said it had agreed with the United States to remove tariffs in phases, while state-owned Xinhua News Agency said Beijing was also considering removing restrictions on poultry imports

Topics
Wall Streets | US-China trade deal | US-China trade war

Reuters  |  New York 

US stocks were higher late on Thursday as the latest signs of progress in US-China trade relations relieved investors, though indexes pared gains after another report raised fresh worries about the outlook for a deal. China said it had agreed with the United States to remove tariffs in phases, while state-owned Xinhua News Agency said Beijing was also considering removing restrictions on poultry imports. But indexes pared gains in afternoon trading after a Reuters report, citing sources, said that the White House's plan to roll back China tariffs faces internal opposition and ...

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First Published: Fri, November 08 2019. 01:33 IST
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