Stocks Advance Amid Trade Talks; Nike Jumps on Positive Outlook
Stocks climb as the US and China confirm a trade framework has been signed. The Treasury Department announces a deal with G-7 allies to remove the Section 899 "revenge tax" proposal from President Trump's tax bill. Nike extends gains after its quarterly revenue beat estimates. The sportswear company predicts its yearlong sales decline to ease. Viktor Hjort of BNP Paribas and Keith Lerner of Truist discuss the strength in the equity market. 'Bloomberg Brief' delivers the market news, data and analysis you need to set your agenda. (Source: Bloomberg)
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