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Dow Ends Higher at Trade Progress, Stabilization Treasury Yields by Investing.com



© Reuters.

Investing.com – The Dow closed higher as Treasury dividends stabilized and industrialized nations met, as traders seemed willing to endure long-term US-China interaction negotiations, if they averted the possibility of further cracking between the two nations.

The rose 0.36%, it increased 0.36%, while it achieved 0.34%.

US Treasury dividends, which have dominated direction in recent sessions, rose from low levels despite data showing a slowdown in the US economy.

U.S. increased by a 2.2% annual rate in the October-December period, the Trade Ministry said. Economists had expected a growth of 2.4%.

On the trade front, White House's financial advisor Larry Kudlow stated that the United States may remove some of the charges on Chinese goods, but not all, light investor concerns that lack of progress in conversations can lead to an all-out trade war.

The seemingly olive branch may also mean several taken out calls, Kudlow suggested.

"If it takes a few weeks or it takes months, then that's what we have to get a lot, as the president says, works for the United States," Kudlow said in a speech in Washington. "That's our main interest." [1

9659004] The somewhat positive comments came as Trade Representative Robert Lighthizer and State Secretary Steven Mnuchin arrived in Beijing on Thursday for a two-day meeting.

Meanwhile, China has submitted proposals to address a number of issues that have plagued negotiations, reported Reuters, and quoted US officials.

The United States has demanded that China adopt measures to improve the treatment of US intellectual property rights and open up its markets to US companies.

Most importantly, China was also more responsive to an enforcement framework such as Trump the administration claimed is necessary to ensure that Beijing adheres to any terms of a trade agreement.

This contributed to trading Nielsen Holdings (NYSE 🙂 tumbled 11% on a report as Blackstone (NYSE 🙂 pulls out of a bid for the company.

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