All three major U.S. stock indexes ended higher on Tuesday after President Donald Trump said an initial U.S.-China trade pact would be signed on Jan. 15. Expectations of a trade deal, robust U.S. economic data and a loose monetary policy by some of the world’s most influential central banks had powered a rally on Wall Street in December. China’s central bank said on Wednesday it would cut the amount of cash that all banks must hold as reserves, the eighth such cut since early 2018, injecting fresh stimulus into the economy. …read more
Source:: Yahoo Finance
