NEW YORK - U.S. stocks rose on Monday, hitting record highs again on hopes of a U.S.-China trade deal and an improving domestic economy.
U.S. officials on Friday indicated that a trade deal with China could be signed this month, with risk sentiment also boosted by Commerce Secretary Wilbur Ross saying on Sunday that licenses for U.S. companies to sell components to Huawei Technologies Co Ltd [HWT.UL] would come “very shortly.”
Source: News Formal (newsformal.com)
Optimism based on what? Did John Barron contact the presses and tell them a trade deal was imminent?
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