News Formal

US: Stocks gain as new trade talks announced

  • 📰 BusinessTimes
  • ⏱ Reading Time:
  • 34 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 51%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

[NEW YORK] Wall Street stocks rocketed higher on Thursday following news that the United States and China will resume high-level trade talks in October, raising hopes of possible progress in the trade war. Read more at The Business Times.

Wall Street stocks rocketed higher on Thursday following news that the United States and China will resume high-level trade talks in October, raising hopes of possible progress in the trade war.[NEW YORK] Wall Street stocks rocketed higher on Thursday following news that the United States and China will resume high-level trade talks in October, raising hopes of possible progress in the trade war.

Major indices are"hitting their highest levels in more than a month... thanks primarily to the agreement between the US and China regarding another round of trade talks," said a note from Gorilla Trades strategist Ken Berman.The broad-based S&P 500 gained 1.3 per cent to 2,975.97, while the tech-rich Nasdaq Composite Index jumped 1.8 per cent to 8,116.83.

The data comes a day ahead of the government jobs figures, which are expected to show 171,000 jobs added last month. Large banks such as JPMorgan Chase and Citigroup jumped more than two percent as the yield on US Treasury notes increased, boosting hopes for banking profits.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
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:

 /  🏆 15. in MY

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.

US stocks gain as new trade talks announcedNEW YORK (AFP) - Wall Street stocks rocketed higher on Thursday (Sept 5) following news that the United States and China will resume high-level trade talks in October, raising hopes of possible progress in the trade war.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »

US stocks gain as new trade talks announcedNEW YORK: Wall Street stocks rocketed higher on Thursday (Sep 5) following news that the United States and China will resume high-level trade ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

US: Stocks tumble on tariffs, weak data[NEW YORK] Wall Street stocks tumbled on Tuesday as new tariffs in the US-China trade war took effect, while US data pointed to weakness in the manufacturing sector. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »

US: Stocks gain as odds of Hong Kong crisis ebb[NEW YORK] Wall Street stocks bounced on Wednesday, shaking off ongoing trade worries following positive developments in Hong Kong and in Britain's Brexit process. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »