Beijing and Washington have been locked in a trade feud for the past 16 months
Chinese officials also suggested the US could temporarily waive some tariffs, people familiar with Beijing's position said
The deal is widely expected to include a U.S. pledge to scrap tariffs scheduled for December 15 on about $156 billion worth of Chinese imports
The Dow Jones Industrial Average rose 54.70 points, or 0.20%, at the open to 27,402.06
In the international market, both gold and silver prices were quoting lower at USD 1,509 per ounce and USD 18.08 an ounce.
According to a Bloomberg report, US President Donald Trump said he was exploring several locations to sign the first phase of a trade agreement with China, including Iowa.
More than three-quarters of Chinese consumers surveyed said they'll reconsider buying from American companies during the Singles' Day shopping event on Nov. 1
Discussions are underway over holding the signing in Iowa
The White House had no immediate comment on the report
Despite the success of 5G networks at home, Chinese telecom equipment giants have faced regulatory push back abroad
The surest way out would be for governments to work together, while moving to bolster growth at home
Authorities have said that they plan to install over 50,000 5G base stations across 50 Chinese cities in the country by the end of this year, and that big cities
The Fed said it will 'monitor the implications of incoming information for the economic outlook as it assesses the appropriate path' of its target interest rate
The Fed is scheduled to release its latest policy decision at 2 pm EDT (1800 GMT)
White House spokesman Judd Deere said both sides were still working to complete work on the interim deal
The spread in the yield curve has gainedabout 20 basis points since leaving negative territory, a recession indicator, in early September
The USTR will evaluate US importers' efforts to source the products in the United States
Markets are likely to remain range-bound in the near term till economic recovery is visible, says Motilal Oswal
As the conflict has dragged on for 15 months with no meaningful breakthrough, the travel industry is trying to minimise the damage
Sensex gained 12% while Nifty ended up 10% despite challenges such as the trade war andtrade war and economic slowdown