Joe Raedle | Getty ImagesInvestors will be looking for clarity on the U.S.-China trade war on Monday after a volatile week of trade headlines. The world's two largest economies are in talks to finalize a so-called phase one trade deal as 15% tariffs on billions of dollars in Chinese imports are set to kick in Dec. 15.the U.S. and China are "close" to a trade deal but that the administration was prepared to walk away if it did not get the terms it wanted.
President Donald Trump said on Thursday that trade talks with Beijing were going "very well." However, the Wall Street Journal reported Thursday the two countries still haven't reached a consensus on the amount of agriculture goods that China will purchase.We'll get a read on the housing market on Monday when home building company Toll Brothers reports fiscal fourth quarter earnings. U.S.
"Our downward estimate revisions in this preview continue to reflect our concern over the outlook for gross margin for the company in the coming fiscal year," said Susquehanna analyst Jack Micenko in a note to clients on Friday.The House Judiciary Committee will hold a hearing on the impeachment report on Monday.
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