U.S. stocks opened higher on Thursday after the U.S. and China agreed to restart trade talks in early October, allaying for now fears of a further escalation of trade tensions. The S&P 500 SPX, +1.41% was up 0.7% to 2,959. The Dow Jones Industrial Average advanced 312 points, or 1.
2%, to around 26,664. The Nasdaq Composite COMP, +1.66% climbed 1.1% to 8,066. U.S. equity benchmarks are on course for weekly gains. In economic data, Automatic Data Processing reported that private-sector employers had added 195,000 jobs in August, up from 142,000 in the previous month.
Title should be.. Market jumps in rumor that trade talks will resume in October. Unless we see it on both calendars. It just a rumor. .
Promises promises. The trade talks are set.. in quicksand folks. Delays. Issues. And a 350 point jump to conclusion?
Nah...... Talk to December next year 2020
Time pass till 2020 by 'hopeful' China.
The market participants are just ridiculous
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Source: MarketWatch - 🏆 3. / 97 Read more »