Trump and Xi meeting is scheduled at the G-20 summit in Osaka, Japan on Saturday. The two leaders are expected to discuss trade, with investors looking for clues on whether China and the U.S. can make progress towards ending their ongoing trade war.

China and the U.S. have been in a trade war for more than a year. The U.S. has imposed tariffs on more than $250 billion worth of Chinese goods. China has retaliated with tariffs on U.S. products. An agreement between Trump and Xi meeting at the G-20 summit in Japan would avert the next round of tariffs on additional $300 billion worth of Chinese imports.

The Dow Jones Industrial Average traded 21 points higher at the open as Walgreens Boots Alliance shares outperformed. The S&P 500 gained 0.3%, led by the communications services and financials sectors. The Nasdaq Composite advanced 0.5%.

By admin

PennyStockPlay is committed to providing our members with the most informative and accurate penny stock trading information available on the Internet today. The team at PennyStockPlay is dedicated to turning even the most novice trader into a seasoned one. No one can guarantee gains, and if they do they are lying. There is always a minimum level of risk, as small as it can be, it is still present. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than the original cost, and current performance may be lower or higher than the performance quoted. We believe that the well-educated investor is a wealthy one, so subscribe to our newsletter by entering your email address in the opt-in box below and let us help you build a stock portfolio that will be the envy of all of your peers!