RE: lookin good here today11 Dec 2018 17:16
What’s driving the market?
The U.S. and China launched formal trade talks with a phone call including Treasury Secretary Steven Mnuchin, U.S. Trade Representative Robert Lighthizer and Chinese Vice Premier Liu He, where they discussed changes to fundamental Chinese economic policies.
President Donald Trump weighed in with a tweet, citing “Very productive conversations” with China and said to, “Watch for some important announcements!”
Meanwhile, a report from Bloomberg indicating that China is taking steps to reducing tariffs on cars imported from the U.S. sent shares of auto makers Ford Motor Company F+0.82% and General Motors Co. GM+3.01% higher.