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The Breakfast Briefing: U.S. Stocks Primed To Rally Hard On Xi’s Promise To Open China’s Markets
FYI: U.S. stocks looked headed for a strong bounce on Tuesday, as traders took cheer from promises by Chinese President Xi Jinping to open the country’s markets.
Xi’s pledges, made at a major conference in Asia, may help to soothe fears of an all-out trade war between the U.S. and China, a factor that has been driving volatility for equities.