Trade Talk Optimism Gives A Boost To the Markets

The equities markets had a slightly bullish inclination today. The healthcare ETF XLV was up +0.7% a the time this content was created, whereas the biotech ETF IBB was up about +0.96%. The primary reason for the overall rise in the markets is likely the possibility of progress on trade negotiations between the United States and China. Presidents Xi and Trump will meet during the G-20 to discuss trade, and President Trump has signaled some positive thoughts on the likelihood of a deal while simultaneously stating he is perfectly comfortable leaving things as they are if nothing he agrees with is offered. Here’s a recap of what happened.