DOW is up 400 Point With Talk of a Mini-Trade Deal With China

Reports indicate that the US and China could agree to a partial trade agreement. It is expected to cover currency and agriculture purchases and a delay in the tariff hike scheduled for next week.

Trump and Chinese Vice Premier Liu He are now scheduled to meet at 2:45 p.m. ET.

The China Securities Regulatory Commission said Friday overseas financial service companies in futures, securities and mutual funds will be able to apply for total control of onshore ventures starting in 2020. This will speed up the opening of China’s financial markets.

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