Wall St closes near flat with focus on US-China talks


Source: perthnow.com.au perthnow.com.au

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US stocks ended the week on a quiet note on Friday after oscillating between slight gains and declines, as investors gauged President Donald Trump's comments on Chinese tariffs ahead of weekend trade talks between the two countries. Wall Street's main indexes finished slightly lower for the week. Trump said Beijing should open its market to the US and that setting 80 per cent tariffs on Chinese goods "seems right." The comments marked his first specific suggestion in a change for the levies, currently at 145 per cent. Representatives from the two economic powerhouses are to meet in Switzerland over the...