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Wall Street set to rise on trade optimism, progress to avert government shutdown

Reuters India Tuesday, 12 February 2019 ()
Wall Street was set to open higher on Tuesday, buoyed by a tentative deal reached by U.S. lawmakers to avoid another partial government shutdown and after the United States and China expressed optimism about the ongoing trade talks.
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News video: Wall Street rises on trade hopes, inflation data

▶ Wall Street rises on trade hopes, inflation data 01:15

Wall Street closed higher on Wednesday as investors were hopeful that the United States and China could iron out a trade deal and as benign inflation data suggested the Federal Reserve would hold interest rates steady in the near term. Fred Katayama reports.

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