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Boeing and Chinese airlines should announce deals as US-China trade tensions ease under a first phase pact, which calls for China to import a further $33 billion of manufactured goods in 2020 and $45 billion in 2021 compared to 2017.
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While the new deal with China lowers some trade barriers, it leaves many tariffs in place. And it dictates that China buy more from the U.S., but that has other trading partners worried.
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China reports new virus cases, raising concern globally before key holiday CNBCA Second Person Has Died From The Virus Outbreak In Wuhan | TIME TIMENew Chinese virus 'will have infected hundreds' BBC NewsChina reports new Wuhan virus cases ahead of key holiday FRANCE 24 EnglishVirus casts shadow over China's biggest festival, but little worry at epicenter Yahoo NewsView full coverage on Google News
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 Wall Street's major indexes
climbed to record highs on Friday after strong U.S. housing data
and signs of resilience in the Chinese economy raised hopes of a
rebound in global growth.
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 China "needs to buy" jets from Boeing, trade says
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 U.S. stocks closed higher again Friday, ending the week at new record highs, helped by more data suggesting the economy and corporate profits are in good health, following at least a partial resolution of the U.S. - China trade dispute and the passage of the U.S., Mexico, Canada trade deal by Congress.
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 U.S. stocks closed at all-time highs Friday, marking the third-straight record close for the Dow and S&P 500, as investors cheered bullish economic data and continued to ride a wave of trade optimism. The Dow Jones Industrial Average rose 50 points, or 0.2%, to about 29,348, the S&P 500 index gained roughly 13 points, or 0.4% to close at 3,330 and the Nasdaq Composite index advanced 32 points, or 0.2% to end the session at roughly 9,389. All three benchmarks set new intraday and closing highs. Market sentiment was boosted by stellar figures on U.S. home construction, with the Commerce Department reporting that home builders broke new ground on new homes at an annual rate of 1.61 million in Decmeber, 17% higher than the month before, and well above consensus expectations. Meanwhile data out of China showed December GDP growth at the fastest pace since last March. Though some analysts expressed concern about rising stock-market valuations, with the price-to-earnings ratio reaching 18.8, according to data from Refinitiv, others noted that low bond yields justify higher prices. In company news, Qualcomm Inc. shares gained 4.6% after Citi upgraded the stock to buy from neutral to lead S&P 500 stocks higher.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
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‘Make Iran Great Again!': Trump hits back after Khamenei's gibe POLITICOWhy Iran's Supreme Leader Ayatollah Ali Khamenei leading Friday prayers is significant CNNIsolated Iran leader lashes out at Europe as nations join US in ramping up pressure Fox NewsWhy the US needs Russia and China to help change Iran's behavior | TheHill The HillFour former I
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 China's Sinopec, expected to be the next major Chinese buyer of U.S. liquefied natural gas (LNG), is planning to review terms of a potential $16 billion supply deal with Cheniere Energy after a sharp drop in LNG prices, industry officials said. Sinopec and Texas-headquartered Cheniere had been expected to sign the 20-year deal once a trade truce was reached between Beijing and Washington.
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Latin American country had been a big beneficiary of Sino-American economic conflict
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The Credit Suisse global strategy team's annual surprise predictions include a surge in U.S. stocks and a bursting of the Chinese bubble.
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Oil futures tack on a few cents Friday, but register a loss for a second week in a row, as traders continue to weigh the prospects for energy demand in the wake of the China-U.S. trade deal on Wednesday and Senate approval of the U.S.-Mexico-Canada trade pact on Thursday.
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