U.S. stocks opened higher after a Chinese government official said Beijing would not immediately respond to President Donald Trump's latest round of tariff hikes last week. The S&P 500 SPX, +1.17% was up 0.8% to around 2,910. The Dow Jones Industrial Average DJIA, +1.11% advanced 244 points, or 0.9%, to 26,280. The Nasdaq Composite COMP, +1.50% climbed 1.2% to 7,951. Equities jumped at the sign that Beijing may be moving to ease trade tensions instead of escalating the U.S.
A spokesperson for China's commerce ministry said "the question that should be discussed now is about removing the new tariffs to prevent escalation." He also said both sides were discussing a planned meeting next month. A revision of second-quarter GDP growth showed the U.S. economy was still expanding at a steady clip of 2%, driven by strong consumer spending. In company news, shares of Best Buy Co. Inc BBY, -7.92% fell 5.
I bolive this drama continue 😮😮😮
हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो:
इंडिया ताज़ा खबर, इंडिया मुख्य बातें
Similar News:आप इससे मिलती-जुलती खबरें भी पढ़ सकते हैं जिन्हें हमने अन्य समाचार स्रोतों से एकत्र किया है।
What to watch today: Bond yields hit stocks, possible opioid deal, and China spies use LinkedInU.S. stock futures move in a narrow range between gains and losses this morning, following a Tuesday session that saw stocks give up a chunk of their Monday gains.
स्रोत: CNBC - 🏆 12. / 72 और पढो »
Stocks are surging after China signals trade talks with the US could be back onChina would prefer to settle the issue and avoid further escalation of the trade war, its Commerce Ministry said. NO TRUMP MIND Excuse me if I don’t get my hopes up.
स्रोत: BusinessInsider - 🏆 729. / 51 और पढो »
Stocks fall for second day as investors watch yield curve, U.S.-China trade fight, BrexitStocks traded lower Wednesday as investors gauged the potential recession signal offered by the inverted U.S. Treasury yield curve, while the intensifying... Up +24 at 10a. Dip
स्रोत: MarketWatch - 🏆 3. / 97 और पढो »
Stocks to rise as rate cuts beat back trade worries for now: Reuters pollWorld stocks will keep rising over the coming year, according to the latest Reut... Till it hits 27k or close . He will tweet again on trade war . Before doing that his cronies will sell their shares in the market and profit . Yeah, cos manipulating markets never got anyone into trouble... Are you kidding me! How the fuck do you know that? That is completely misleading!
स्रोत: Reuters - 🏆 2. / 97 और पढो »
Stocks making the biggest moves after hours: Autodesk, HP and HeicoSee which stocks are posting big moves after the bell.
स्रोत: CNBC - 🏆 12. / 72 और पढो »