NEW YORK (AP) — Stocks wobbled between small gains and losses Friday amid conflicting signals about how much progress is being made toward resolving the U.S.-China trade war.
Despite the confusion, the S&P 500 was still poised for a fifth straight week of gains, which would match its longest winning streak in two years. Major indexes also remain right around their record highs.
Wall Street has been cheering the latest push by the world’s two largest economies to sign an agreement before tariffs on a wide range of consumer products go into effect on Dec. 15. On Thursday, China said both sides in the trade war had agreed to roll back tariffs on each other if talks progress.
But President Donald Trump injected more uncertainty