U.S.-China trade talks extended, Trump eager for deal: report

Trade talks between the U.S. and China were extended to a third day Wednesday, Bloomberg News reported , and President Donald Trump is said to be eager to reach an agreement to help boost the sagging stock market.

The extension of mid-level talks in Beijing added to optimism after Trump tweeted Tuesday that the discussions were "going very well." Citing White House sources, Bloomberg reported that Trump is more willing to cut a deal with China in hopes that it will fuel a rally on Wall Street.

U.S. officials have warned that no agreement is expected to emerge from the current talks, but they could lead to more higher-level negotiations that could end the trade tensions that have shaken global markets for the past year.

www.marketwatch.com