Dow posted its fourth straight day of gains Monday, on the back of renewed optimism in U.S.-China trade talks.Posted on September 10, 2019
The U.S. Treasury Secretary, said that there is a “conceptual agreement” around intellectual property theft with China. This is one of the most contentious issues between both countries.
Meanwhile, Huawei dropped Tuesday one of its lawsuits against the U.S. This happened after some equipment seized by Washington nearly two years ago was returned to the company.
Huawei’s lawsuit drop is the latest sign that tensions between the U.S. and China are easing ahead of a meeting scheduled for Oct. 1. The world’s largest economies have been engaged in a trade war since last year.