by the way, on the dow, the corner of wall and broad, you talk about a winning streak? i guess the longest winning streak in 24 years. the longest weekly winning streak in 24 years. when news break out, we ll break in. i m trace gallagher. neil is next. speaking for the united states, i would say it s probably more likely that a deal does happen. neil: that clinched it big time. making it nine straight weeks of advances of the dow jones industrials. something that we have not seen in close to a quarter of a century. other averages jumping as well, a good friday, a good week, a good market. i m neil cavuto. president trump and china s president now appear much more optimistic that a deal could be struck as trade talks are extended another couple days. we re all over it with kevin corke at the white house where the president just met with china s top trade negotiator and vice premier. ashley webster and how the markets are reacting. let s say very nicely, thank
economies. you can see china s economy slow down. there s been collateral problems in the ag sector. the president s rosy echoed by the president and steve mnuchin who said that the chinese negotiators would expect their visit to washington a couple days to build on the progress that has been made this week. that meeting today in the oval a very interesting one. wide-ranging comments afterwards. the president is looking forward to a trip to asia with the upcoming summit with kim jong-un. interesting times here at the white house. a big trade deal could soon be happening. fingers cross. neil: we ve been there before. thank you, kevin. ashley webster on how the markets respond to this. ashley, we talked about it so many times. the better it looks for a dial, the better stocks look. they ve been looking very fine lately. very fine.
you ve seen every time the market sells off a little bit, it bounces back. we ve changed course as far as the mentality of the markets. look for this to continue. we still have very strong trends. people are starting to appreciate what the fundamentals of the markets are as opposed to so much politics and policy. dana: i want to caution one thing real quick. if trump doesn t get a deal done by the next week of the deadline, i don t want people to panic again. we ve had a long ride up here since december. the market is thinking a deal is going to get done by this deadline one week from today. i m saying if it doesn t, don t panic. neil: i m going to focus on the slope of hope. a new one. guys, thank you both very much. there was another battle going on today. take a look. will you veto that resolution that would black your national emergency in it passes. on the wall? will i veto it?
you. first to kevin. neil, what a day. perhaps the most optimistic language in describing the ongoing trade dispute between the u.s. and china. president trump today almost sounded just a bit, if you listen carefully, like the end of the ongoing trade dispute could be near. both parties want to make it a meaningful deal. we don t want to make a deal that doesn t work. i can speak for the vice premier and president xi and myself, both parties want this a real deal, a meaningful deal. not a deal that is done and doesn t mean anything. we want to make in a deal that will last for many, many years. a deal that will be good for both countries. we want to make it meaningful. you heard him say it a couple times. he wants this to be meaningful. the talks in washington have been key to deescalating the conflict between the two largest
take up. he s going to talk about trade. he s been talking about trade since day one. there were talks in washington between china and u.s. officials about a big trade deal. the president has been trying to give an optimistic view of the possibility of a trade deal. he s interested in getting the stock market to be buzzed up again. he s going to talk about the economy. absolutely. what my sources are saying with regard to a deal with china is that the president, despite some of the more positive rhetoric he has used, is absolutely going to insist on china making some major structural reforms on ip transfer, intellectual property, technology transfer forcing companies to give their technology if they want to do business in china. that so far has been a barrier to any major breakthrough. what are your sources telling you? remarkably that if the president does have another shutdown, he in some ways wants to do a do over. i was talking to a former official who says if there s