US STOCKS-Wall St indexes to open at record highs on U.S-China trade optimism

Wall Street’s three main indexes were set to open at record highs on Monday, buoyed by hopes of a U.S.-China trade deal and an improving domestic economy. Washington and Beijing said on Friday they had made progress in defusing an economically damaging trade war, with U.S. officials indicating that a deal could be signed this month. Adding to the optimism, Commerce Secretary Wilbur Ross said on Sunday licenses for U.S. companies to sell components to China’s Huawei Technologies Co would come “very shortly” and that there was no reason a trade deal could not be on track to …read more

Source:: Yahoo Finance

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