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President Donald Trump on Tuesday called a U.S.-China trade deal close, as he also spoke at a fundraiser in New York. <\/p>\n ECONOMIC CLUB SPEECH<\/strong> <\/p>\n Speaking to<\/strong> the Economic Club of New York, Trump described the first phase of a trade agreement as something that \u201ccould happen soon,\u201d but gave no details on finalizing a pact. In the speech he also touted U.S. job creation and blasted the Federal Reserve, a frequent punching bag, for cutting interest rates too slowly. Fed Chairman Jerome Powell is scheduled to appear in back-to-back testimonies on Capitol Hill Wednesday and Thursday. <\/p>\n Read more about Trump\u2019s speech<\/a>. <\/p>\n U.S. stocks
FUNDRAISER <\/strong> <\/p>\n While in New York,<\/strong> Trump spoke at a luncheon fundraiser hosted by America First Action, a super PAC supporting his re-election. <\/p>\n The organization raised $4 million through the event<\/a>, CNBC reported. <\/p>\n Sign up for Trump Today and more MarketWatch newsletters<\/a>. <\/p>\n<\/p><\/div>\n [ad_2]
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\n DJIA, +0.00%<\/span><\/a><\/span>
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\n SPX, +0.16%<\/span><\/a><\/span>
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\n COMP, +0.26%<\/span><\/a><\/span>
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\n \u00a0held on to modest gains as Trump spoke. The Dow Jones Industrial Average finished unchanged<\/a>, while the S&P 500 index advanced around 5 points and the Nasdaq added 22 points. <\/p>\n
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