Stocks rise at the open on trade optimism, head for strong weekly gains

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Stocks rose at the open as investors cheered renewed optimism on the U.S.-China trade front. Wall Street also headed for strong gains for the week.

div > div.group > p:first-child"> The Dow Jones Industrial Average traded 40 points higher, led by a rise in Intel shares. The S&P 500 climbed 0.1 percent as the tech and consumer discretionary sectors outperformed. The Nasdaq Composite advanced 0.3 percent.

Equities headed for strong weekly gains on Friday as the S&P 500 and Nasdaq Composite were up more than 2 percent each through Thursday's close. The Dow was up 1 percent, lagging its large-cap counterparts as steep losses in Boeing weighed on the 30-stock index. Chinese Vice Premier Liu He spoke via telephone with U.S. Treasury Secretary Steven Mnuchin and U.S. Trade Representative Robert Lighthizer, Xinhua news agency reported Friday. The report, according to The South China Morning Post, said:"The two sides have further made concrete progress on the text of the trade agreement between the two sides."

 

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Stocks posted strong weekly gains as investors cheered renewed optimism on the U.S.-China trade front on Friday.

😂 do you guys understand that is temporary and bubble is going to burst as investors who inject money into market for manipulation are running out of money and will start to withdraw their funds!!!

You keep referencing a deal. That's already baked in. Numbers are climbing because people are realizing that the much feared (and reported) recession is not coming. Dow 27K soon.

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