Stocks, dollar rise as Trump says trade deal is near


Trump touted his administration's economic record in a campaign-style speech but did not announce a venue or date for signing a trade deal with Chinese President Xi Jinping as market speculation had suggested he might.

NEW YORK: Global equity markets and the dollar rose on Tuesday as U.S. President Donald Trump reiterated the United States is close to signing a trade deal with China but offered no new details.

Stocks on Wall Street set fresh record highs before Trump's highly anticipated remarks to the Economic Club of New York, but slowly pared some gains after the speech, which contained no major policy announcements.

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