WH Economic advisor Kudlow

He adds:

  • immediate action by China includes reduction of China's 40% US Produce Vehicles
  • USTR Lighthizer will enforce ninety-day timetable during negotiations
  • he expects China to quickly rollback retaliatory tariffs on US commodities
  • ninety-day timetable for completing US China trade talks starts January 1
  • trade discussions will address a Chinese subsidies

The US stocks have bottomed after a dip. The major indices are still trading near the middle of the trading ranges. A snap shot now shows:

  • S&P index +28 points at 2788. The low reached 2773. The high extended to 2800
  • The Nasdaq index is up 103 points or 1.41% at 7434. The high reached 7486 while the law extended to 7392.
  • The Dow industrial average is up to and 66 points at 25803. The high reached 25980 while the loan extended to 25670.