Stocks climbed Wednesday and recouped some of their losses from prior days on hopes that a U.S. trade deal with China may be nearing, despite tough recent talk from President Donald Trump. Stocks have swung sharply for months on every hint of progress about talks between the world’s largest economies, and the latest flip-flop followed a report from Bloomberg News saying U.S. negotiators expect a “Phase 1” trade agreement to be completed before tariffs are set to rise on Dec. 15.
