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On Monday (Jan. 7), American and Chinese trade delegates met in Beijing to discuss the year-long trade war that has ravaged global markets over the last several months.
If you take Wall Street at its word, talks appear to be on the verge of a breakthrough.
The Dow Jones Industrial Average extended it longest winning streak since November on Wednesday (Jan. 9) as trade talks entered their third day.
Meanwhile, both the Nasdaq and S&P 500 have risen over 2% in just the last three days on rumors China is ready to give into U.S. trade demands.