Thursday, January 14, 2021
Thursday, January 14, 2021

Making Mends! US-China trade talks lift stocks to record high

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Wall Street futures extended gains Tuesday, pulling the Dow closer to a fresh all-time high, after the U.S. and China reaffirmed their commitment to the phase one trade deal and AstraZeneca moved forward with a coronavirus vaccine that could ultimately be fast-tracked by the Trump administration.

U.S. Treasury Secretary Steve Mnuchin, along with Trade Representative Robert Lighthizer, held a phone call with China’s Vice Premier, Liu He, late Monday that “addressed steps that China has taken to effectuate structural changes” in the trade agreement signed earlier this year.

“Both sides see progress and are committed to taking the steps necessary to ensure the success of the agreement,” the U.S. Trade Representative’s office (USTR) said in a statement.

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USA
23,767,572
confirmed cases
Updated on January 14, 2021 4:43 pm
united states
396,632
deaths
Updated on January 14, 2021 4:43 pm
united states
9,323,801
active
Updated on January 14, 2021 4:43 pm
united states
14,047,139
recovered
Updated on January 14, 2021 4:43 pm
World
93,372,999
confirmed cases
Updated on January 14, 2021 4:43 pm
world
1,997,416
deaths
Updated on January 14, 2021 4:43 pm
world
24,981,831
active
Updated on January 14, 2021 4:43 pm
world
66,393,752
recovered
Updated on January 14, 2021 4:43 pm

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