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China's Shanghai stock market closed higher on Tuesday as it swam from top to bottom in the session. President trump will deliver an important speech at the Economic Club of New York this evening, which may provide clues for the possibility of a trade agreement between China and the United States.
The Shanghai Composite Index. SSEC rose 0.17% to 2914.82. CSI300 closed at 3903.69, roughly flat at Monday's close.
The CSI 300 financial real estate index rose 0.17%, the CSI 300 major consumer index rose 0.42%, and the CSI 300 information technology index fell 0.2%.
The Shenzhen composite index. Szsc rose 0.17% and the growth enterprise market index fell 0.101%.
The market remained cautious, waiting for trump to address the New York economic club later today to see if he would make the latest comments on the Sino US trade talks.
U.S. President trump said Saturday that the U.S. - China trade talks are "very smooth," but only if they are beneficial to the United States will the United States reach an agreement with China. Trump also said there were false reports that the United States was willing to lift tariffs.
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