The trade dispute has dragged on for well over a year, battering financial markets and souring business and consumer sentiment.
In an interview with Fox Business Network on Thursday, Mnuchin said negotiators from the U.S. and China had made some progress in last week's deputy-level meetings.
The dispute between Washington and Beijing has dragged on for well over a year, battering financial markets and souring business and consumer sentiment. The upcoming trade talks provided a boost to market sentiment, but lingering concerns about slowing global growth remained front and center for financial markets.
On the data front, Philadelphia Fed nonmanufacturing figures for September will be released at around 8:30 a.m. ET. The S&P/Case-Shiller's home price index for July, consumer confidence data for September and Richmond Fed surveys will all follow slightly later in the session.
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