US Pres. Trump: China trade deal is being papered
|United States (US) President Donald Trump on Wednesday said that the trade deal with China was being papered. "The trade deal probably won't be signed until I meet Chinese President Xi in Chile," Trump added, per Reuters.
These comments seem to be providing a boost to Wall Street's main indexes and help them pull away from daily lows. At the moment, the Dow Jones Industrial Average is down only 0.07% on the day while the S&P 500 Index is erasing 0.12%.
The 10-year United States (US) Treasury bond yield is also rebounding on these comments and was last down 0.8% on the day at 1.759%.
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