
On Friday, the U.S. stock market experienced a slight uptick following optimistic statements from the White House regarding the ongoing trade negotiations with China. This positive news spurred confidence among investors, leading to a rise in stock prices. The Trump administration's reassurance of progress in securing a trade agreement with China was met with a favorable response from market participants.
Simultaneously, Susan Collins, the President and CEO of the Federal Reserve Bank of Boston, made significant remarks regarding the central bank's readiness to take action to stabilize financial markets. As concerns about global economic growth and trade tensions persist, the Federal Reserve's commitment to implementing measures to support market stability was well-received by investors.
The statements from both the White House and the Federal Reserve Bank of Boston
Source: https://news.bitcoin.com/markets-gain-ground-on-us-china-trade-deal-hopes-and-fed-reassurances/
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