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The three major stock indexes rose on Monday, breaking the highest closing record set in the previous trading day. Investors waited for the specific progress of Sino US trade relations after the mixed news of Sino US trade.
The market welcomed Washington's move after the trump administration on Monday issued a new 90 day license extension to allow U.S. companies to continue business with China's Huawei Technology Co., Ltd. Huawei was blacklisted in the US economy in May this year.
But investors are worried about a CNBC report. The report said China was pessimistic about a trade deal with the United States because of President Trump's unwillingness to lift the tariffs.
Earlier, Chinese state media reported on Saturday that China and the United States had "constructive" trade talks, and White House economic adviser kurdrow said on Friday that the two sides were close to reaching an agreement.
"The market is very focused on trade because it is not clear whether the US and China can reach an agreement. If it's easy to reach an agreement, they did a few months ago, "said David Lefkowitz, senior equity strategist at UBS global health management.
"At least today, there is not much data or information to drive the market There is no reason to buy or sell aggressively. "


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