[NEW YORK] Wall Street stocks had a split finish on Thursday as investors looked for a possible outcome of grinding US-China trade negotiations, which failed to materialise.
Markets also reacted to news of Amazon founder Jeff Bezos' divorce, the biggest in history, with ex-wife MacKenzie keeping 25 per cent of the couple's shares in the tech giant, valued at about US$36 billion. The benchmark Dow Jones Industrial Average rose 0.6 per cent to 26,384.63, its highest level since October 9.
Meanwhile, the broader S&P 500 gained 0.2 per cent, rising to 2,879.39 but the tech-heavy Nasdaq was essentially flat, falling less than 0.1 per cent to 7,891.78.In Washington, White House officials on Thursday stoked anticipation that President Donald Trump could announce the date for a summit with his Chinese counterpart Xi Jinping to finalise a trade agreement, thus ending their nine-month trade war.
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
World stocks rally to six-month highs on US-China trade optimismWorld stocks rallied to six-month highs on Wednesday as investors cheered signs of progress in U.S.-China trade talks and reassuring economic ...
Read more »
Asian stocks gain, progress in US-China talks eyedAsian shares posted narrow gains on Friday on revived hopes of progress in U.S.-China trade talks, while global bond yields moved higher after a ...
Read more »
Asian stocks inch higher on hopes of progress in US-China talksAsian shares posted narrow gains on Friday on revived hopes of progress in U.S.-China trade talks, while global bond yields moved higher after a ...
Read more »
Stocks to watch: SingPost, China Everbright, Swee Hong, Eneco Energy, Metech InternationalTHE following companies saw new developments that may affect trading of their shares on Thursday: Read more at The Business Times.
Read more »