Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.US stocks edged higher on Tuesday as investors looked for signs of progress on government stimulus and US-China trade talks. he Trump administration on Monday imposed new restrictions on Huawei.
Housing starts jumped 22.6% in July, more than economists expected, showing continued strength in the housing market recovery. US stocks edged higher on Tuesday as investors watched for signs of further government stimulus and progress on US-China trade talks. Negotiations between Democrats and Republicans on the next stimulus package appear to have reached a stalemate, meaning the next round of aid might not come soon.
In addition, on Monday, the US Commerce Department issued new rules that tightened Huawei's access to foreign chips, the latest expansion of the Trump administration's crackdown on the technology company. This could complicate issues between the US and China.
Source: News Formal (newsformal.com)
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