[NEW YORK] US stocks on Tuesday reclaimed some of the ground lost in the prior day's steep sell-off, with tariff-sensitive technology stocks leading the S&P 500 and the Nasdaq higher as investors were heartened by a tonal shift in US-China trade rhetoric.
Beijing echoed that sentiment. A Chinese Foreign Ministry spokesman told reporters:"My understanding is that China and the United States have agreed to continue pursuing relevant discussions."" was a good buying opportunity in terms of how low prices got yesterday," said Jim Bell, chief investment officer at Bell Investment Advisors in Oakland, California."And now Trump is trying to smooth the waters.
Uber Technologies and ride-hailing rival Lyft reversed course after their post-debut slides. Their stocks advanced 7.7 per cent and 4.9 per cent, respectively. Of the 11 major sectors of the S&P 500, all but utilities closed in the black. Technology stocks posted the largest percentage gains, climbing 1.6 per cent.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Malaysia Malaysia Latest News, Malaysia Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Europe: Stocks drop as China ups stakes in trade war with US[BENGALURU] European stocks continued their decline on Monday, on the heels of this year's biggest weekly loss, as an escalation in the US-China trade war battered sentiment and prompted investors to shift into safer bets. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Asia stocks slip, bonds rally on fears China-US trade deal unravelingAsian equities tracked Wall Street's slide on Wednesday as the latest developments in the U.S.-China trade conflict fanned fresh fears about ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
European stocks tumble as US, China exchange trade war salvosLONDON: European stock markets came under intense pressure on Monday (May 13) from new eruptions in the US-China trade war, while oil rallied on ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
US: Stocks tumble on trade war fears, Dow ends -1.8%[NEW YORK] Wall Street stocks tumbled amid renewed trade war fears on Tuesday, joining other leading bourses in selling off on signs the US and China are moving further from an agreement. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Asian stocks, yuan fall as US-China seen deadlocked in trade talksSYDNEY: U.S. stock futures fell and Asian shares slipped on Monday on growing uncertainty over whether the United States and China will be able to ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
US stocks recover amid trade uncertaintyNEW YORK: Wall Street stocks finished solidly higher on Tuesday (May 14), bouncing from the prior session's rout amid ongoing uncertainty over the ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Europe: Stocks regain ground, hoping for smoother US-China trade[MILAN] European shares gained on Tuesday, recovering most of the previous session's losses, as optimistic comments from Washington and Beijing helped soothed investors' fears about the top two economies' intensifying trade spat. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Global stocks slip, bonds rally as US-China trade fears growAsian equities tracked Wall Street's slide on Wednesday as the latest developments in the U.S.-China trade conflict fanned fresh fears about ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
US: Stocks end mostly lower amid trade uncertainty[NEW YORK] Wall Street stocks finished a choppy session mostly lower Wednesday as investors tried to suss out the latest back-and-forth in the US-China trade saga. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »