Investors welcome news of progress in US-China trade talks
Mihaela Păun
Investors welcomed the conciliatory tone at US-China trade talks over the weekend aimed at cooling a trade war between the world's two largest economies and dispelling some of the uncertainty clouding financial markets, although few expected a major breakthrough just yet. In a sign of investor relief that the worst of a US-China trade war might be averted, US stock futures rose on Sunday (May 11) evening. The S&P 500 E-minis rose 1.3 per cent, while Nasdaq futures added 1.6 per cent. Both sides
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