Improving trade conditions and rising risks to global health contributed to a hazy outlook that led the Federal Reserve to leave interest rates unchanged.
Experts say steady interest rates indicate a recession is now unlikely, but investors should expect modest performance in 2020.
The central bank voted to lower the federal funds rate in response to a cooling economy mitigated by weak business investment and exports.
U.S. President Donald Trump and Chinese President Xi Jinping seemed to indicate Friday that talks between the two countries have entered a new phase.
After coming under scrutiny by President Donald Trump, Hunter Biden, son of former Vice President Joe Biden, announced he would cut ties with a Beijing PE firm.