Stocks Decline as Trade Talks with China Resume

U.S. stocks opened lower on Wednesday, April 16th, after a glimmer of hope emerged from trade talks between the U.S. and China. Despite positive news regarding China’s willingness to engage in negotiations amid ongoing tariffs disputes, investors remain cautious. This cautious sentiment is largely attributed to the recent imposition of higher tariffs on Chinese goods by Washington, which has impacted global markets.