Optimism over U.S.-China trade talks boosts stocks again [Los Angeles Times (CA)]
Prudential Financial, Inc. (PRU)
Last prudential financial, inc. earnings: 2/4 04:18 pm
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Source: Los Angeles Times
Optimism over U.S.-China trade talks boosts stocks again U.S. stocks finished broadly higher Wednesday as investors remained optimistic that the United States and China will make more progress in resolving their costly trade dispute. Energy companies, retailers and industrial stocks accounted for much of the broad gains as the Standard & Poor’s 500 index extended its winning streak to a fourth day. Key officials from the world’s two largest economies are scheduled to meet Thursday and Friday to try to stave off an escalation of a trade conflict that has hurt companies and consumers by raising prices on a number of products. President Trump has said he might let a March 2 deadline slide if the United States and China get close to a deal. After March 2, additional tariffs are scheduled to kick in, making the situation worse. Economists and analysts are optimistic that both sides will eventually hammer out an agreement that satisfies U.S. complaints that China steals technology or pressu
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