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In an interview with Fox Business,  White House Director of Legislative Affairs, Marc Short, said that he was optimistic about a trade deal with China and that there have been calls between officials on both sides.

These comments had little to no impact on market sentiment. As of writing, the 10-year US Treasury bond yield was down 2.4% on the day. Additionally, the S&P 500 Futures is losing 0.3%, suggesting that Wall Street’s min indexes are likely to start the day in the negative territory.