The market appeared to welcome Washington's extension for U.S. companies to do business with Huawei after the Chinese telecommunications equipment maker was put on a U.S. blacklist in May. But investors were concerned about a CNBC report that the mood in Beijing over the potential for a trade deal was pessimistic due to President Donald Trump's reluctance to roll back tariffs.
NEW YORK: Wall Street's three main indexes on Monday barely extended the previous session's closing records as investors waited for concrete progress on U.S.-China trade relations after mixed headlines.
The market appeared to welcome Washington's extension for U.S. companies to do business with Huawei after the Chinese telecommunications equipment maker was put on a U.S. blacklist in May.
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