Investors are waiting for signals on an easing of the protracted trade dispute between the U.S. and China. The two sides are working toward a deal, with China pushing for U.S. President Trump to remove more tariffs imposed in September on around $125 billion worth of Chinese goods.

Corporate earnings remain in focus, with FactSet data indicating that 75% of S&P 500 companies to report thus far have topped analysts’ expectations.

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