With no major reason to push the indices either way, sentiment in today’s session was mixed among optimists and pessimists as a breakthrough in Washington’s meeting this week between US and Chinese officials, on the theme of trade war. Basically, the rumour circulating in the financial news media is that both parties may reach a primary agreement on the points where they have already hit the needles, leaving the more complicated parties to discuss.
The uncertainty that will arise even if such an intermediary agreement is reached weighed slightly on sentiment and Wall Street ended up with losses, albeit slight, both in terms of indices and in the S & P500 sectors, as even though there were ten losing value. and only one to win, the biggest devaluation was -0.79%, registered in retailers of essential products. Major changes to the landscape are not to be expected until more is known about the progress of the meetings, or when there is a disruptive event that may interfere with the doldrums of waiting.
Photo by Pat Krupa.
