Stocks Open Higher on Optimism Over Trade Talks
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The stock market perked up ahead of the Federal Reserve’s interest-rate decision Wednesday on news that Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer will meet with Chinese officials to discuss trade. The Nasdaq Composite was up 0.3%. Markets are hopeful that with U.S. and Chinese officials set to meet in Switzerland, there may be a path to dial back President Donald Trump’s steep tariffs on China.
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