US stocks rise on China trade talks progress

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 66%

Business News News

NEW YORK: Wall Street stocks finished modestly higher on Monday (Feb 25) on renewed optimism about a potential US-China trade deal, and ahead of ...

Share via E-Mail Bookmark NEW YORK: Wall Street stocks finished modestly higher on Monday on renewed optimism about a potential US-China trade deal, and ahead of key economic data releases. The Dow Jones Industrial Average closed at 26,091.95, up 60.14 points . Advertisement The broad-based S&P 500 edged up 3.44 points to 2,796.11, while the tech-rich Nasdaq Composite Index gained 26.92 points to 7,554.46.

Advertisement Advertisement Optimism over a US-China trade accord has been a driver of a US equity rally that has lifted the S&P 500 about 19 per cent since Dec 24. Trump himself touted the gains on Twitter as"great news for your 401s.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in BUSÄ°NESS

Business Business Latest News, Business Business Headlines