Gains in technology and energy shares pushed Wall Street’s three main indexes to record highs on Nov 4, as Washington and Beijing officials reaffirmed new progress for a bilateral trade deal.
“We are very far along with phase one,” the U.S. commerce secretary Wilbur Ross said at the Indo-Pacific Business Forum on Monday, referring to the “Phase One” agreement announced President Donald Trump on Oct. 11, which is set to cover agricultural purchases, increased access to China’s financial services markets, improved protections for intellectual property rights and a currency pact.
