Wall Street rises on hopes of U.S.-China trade deal

- U.S. stocks rose in early afternoon trading on Thursday on hopes that top-level U.S.-China trade talks would yield at least a partial deal, while a rise in Apple’s shares lifted the technology sector.

“The tweet ... is giving market participants a reason to believe that perhaps a trade deal or at least a partial deal might be announced as early as tomorrow,” said Robert Pavlik, chief investment strategist at SlateStone Wealth LLC in New York. “Some sort of agreement towards currency is fine, but it would not get us anywhere near from where we started this issue,” Pavlik said.

“There is just too much pessimism overall. Investors know that we are not going to get a proper deal, but are still looking for some bit of good news to digest,” said Jason Browne, president at Alexis Investment Partners LLC in Bethlehem, Pennsylvania.

Haven’t they drunk this kool-aid before? Or did investors get wind of a China-Trump deal ... political dirt on Dems for trade goodies for China ... lose/lose.

I'll stick my neck out and predict a down day tomorrow after the trade talks tank yet again. All my gains today will be gone tomorrow with near 100% certainty. That's assuming my gains hold to close.

Wall St gullible af

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