Stock Market Today: U.S.-China Trade Talks in Spotlight
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China, trade truce
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Futures on Wall Street are sulking this morning despite both US and China reaching a broad consensus to implement the Geneva trade agreement that both countries had arrived on last month. The Dow futures are down 110 points,
Shares of the maker of Insta360 cameras surged on their trading debut in Shanghai, as investors piled into the stock of the GoPro competitor. Arashi Vision, which does business as Insta360, rose nearly four-fold to 178.93 yuan, the equivalent of $24.89, early Wednesday on the Shanghai Stock Exchange Science and Technology Innovation board.
Stock futures are slightly higher Tuesday morning as investors remain on alert for news from ongoing trade talks between the U.S. and China.
China Literature (CHLLF) stock is hold rated due to challenges in media/drama and growth in IP merchandise with collectible cards and a new toy distribution deal. See more.
From recapitalising rural banks to propping up the stock market, Central Huijin, an arm of China’s sovereign wealth fund, has supported the country’s financial system since its launch two decades ago.
The dollar was staring at yet another daily loss as the U.S. and China were set to kick off a fresh round of trade talks in London. The U.S. Dollar Index, which measures the value of the dollar agains
China is intensifying efforts to collect taxes on citizens’ overseas income, expanding its scrutiny to less wealthy individuals after targeting the ultra-rich last year, according to people familiar with the matter.