Ever-ready to ignite some momentum, headline-reading algos panic-bid stocks on headlines that US trade negotiators are to head to China for face-to-face talks.
But the machines don’t care…
Pushing the S&P 500 back above 3,000…
Offshore Yuan spiked…
Bloomberg reports that the US team will be in Shanghai through Wednesday, according to people familiar – which is odd because it’s already Wednesday there.
via ZeroHedge News https://ift.tt/2Zi69Le Tyler Durden