U.S. stocks flitted between gains and losses on Thursday as uncertainty over whe...
- U.S. stocks flitted between gains and losses on Thursday as uncertainty over when a trade deal between the United States and China would be reached clouded sentiment.
His comments come after a Bloomberg report that a meeting between Trump and China’s Xi Jinping to sign an agreement to end their trade dispute would be pushed to April, at the earliest. Boeing, the single largest U.S. exporter to China, slipped 0.7 percent. The world’s largest planemaker had its own troubles this week after its money-spinning 737 MAX jets were grounded globally following a recent fatal crash in Ethiopia.
Downbeat housing data follows tame inflation reports this week which underscored the Federal Reserve’s patient stance on future interest rate hikes and helped the S&P and Nasdaq post three consecutive session of gains. UK lawmakers on Wednesday voted in favor of a motion that ruled out a potentially disorderly “no-deal” Brexit, though another crucial vote to delay leaving the European Union is pending on Thursday evening.
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