US stocks gain on hopes of G-20 trade breakthrough

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 39 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 66%

Colombia Noticias Noticias

Colombia Últimas Noticias,Colombia Titulares

NEW YORK: Wall Street stocks rallied on Tuesday (Jun 18) on upbeat comments on trade by the US and China ahead and as the ECB signalled it could ...

NEW YORK: Wall Street stocks rallied on Tuesday on upbeat comments on trade by the US and China ahead and as the ECB signalled it could cut interest rates.

The remarks raised hopes the two sides may finally strike a trade deal after multiple tariff actions on both sides.The broad-based S&P 500 rose 28.08 points to end the day at 2,917.75, while the tech-rich Nasdaq Composite Index advanced 108.86 points to 7,953.88.Trump's comments on the G-20 came after European Central Bank chief Mario Draghi said further interest rates cuts"remain part of our tools" in response to weakening growth.

Although the Fed is not expected to cut interest rates on Wednesday, investors have been heartened by more dovish comments lately from central bankers and will be analyzing Fed Chair Jerome Powell's statements for clues on future steps, which they hope will signal a clear willingness to boost the economy.

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 6. in CO
 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.

Colombia Últimas Noticias, Colombia Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Airbus seeks new partners to expand in US space marketAirbus' defense division is looking for new partners to expand its presence in the growing U.S. space market, and could potentially build ...
Fuente: ChannelNewsAsia - 🏆 6. / 66 Leer más »

US: Nasdaq leads US stocks higher ahead of Federal Reserve[NEW YORK] Wall Street stocks advanced Monday ahead of a highly-anticipated Federal Reserve meeting, with a big gain in Facebook boosting the Nasdaq. Read more at The Business Times.
Fuente: BusinessTimes - 🏆 15. / 51 Leer más »