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Wall Street set for higher open on trade deal hopes

Reuters 

By Amy Caren Daniel(Reuters) - Wall Street was set to open higher on Wednesday, lifted by hopes that the ongoing U.S.-China trade talks could result in an agreement, while benign inflation data did little to change the outlook on interest rates."So far, so good," U.S. Treasury Secretary Steven Mnuchin said about the talks in Beijing, a day after President Donald Trump said he would be willing to let a March 1 deadline slide if the two countries were close to a deal."The market is taking into consideration the fact that they are talking and there's also the deal to avoid another possible ...

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First Published: Wed, February 13 2019. 19:48 IST
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