MONDAY 12/31/18; New Year’s Eve; EOM; EOQ4; EOY2018; Last Day of Trading in 2018; China PMI Indicates Manufacturing Economy Slipping into Contraction; US Government Shutdown Day 10; PSI (Portugal) Rallies +1.8%; INDU (Dow) Gains +1.2%

Timed with the opening of US futures trading, China says President Xi looks forward to working towards a resolution of the trade dispute. Xi says more tariffs will be cut. It looks like the US and China are playing nice in the trade arena. US futures leap higher on the positive news.

S&P +16. Dow +158. Nasdaq +47. Russell +8.

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