WASHINGTON | US-China trade truce seen boosting US stock market

WASHINGTON | US-China trade truce seen boosting US stock market

WASHINGTON— The truce in the trade dispute between the U.S. and China should boost rattled financial markets, at least likely through year’s end, experts say. But the stock market’s wild gyrations of recent months likely will persist as the two countries strain to reach a permanent accord.

“The all-clear sign hasn’t flashed yet but it’s certainly positive news,” says Mike Loewengart, vice president of investment strategy at E-Trade.

The U.S. was set to raise tariffs on $200 billion in Chinese goods Jan.

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