News Formal

US: Stocks rise on China trade talks progress

  • 📰 BusinessTimes
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 51%

United States News News

United States United States Latest News,United States United States Headlines

[NEW YORK] Wall Street stocks finished modestly higher on Monday on renewed optimism about a potential US-China trade deal, and ahead of key economic data releases. Read more at The Business Times.

US: Stocks rise on China trade talks progress Tue, Feb 26, 2019 - 6:17 AM PHOTO: AFP [NEW YORK] Wall Street stocks finished modestly higher on Monday on renewed optimism about a potential US-China trade deal, and ahead of key economic data releases. The Dow Jones Industrial Average closed at 26,091.95, up 0.2 per cent. The broad-based S&P 500 edged up 0.1 per cent to 2,796.11, while the tech-rich Nasdaq Composite Index gained 0.4 per cent to 7,554.46.

Bull run in US markets could stick around a while longer Officials worked through the weekend and, citing progress in the four days of talks, Mr Trump on Sunday extended the March 1 deadline, postponing for now a sharp increase in tariffs on US$200 billion in Chinese goods. Optimism over a US-China trade accord has been a driver of a US equity rally that has lifted the S&P 500 about 19 per cent since December 24. Mr Trump himself touted the gains on Twitter as"great news for your 401s.

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 US
 

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

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

US stocks rise on China trade talks progressNEW YORK: Wall Street stocks finished modestly higher on Monday (Feb 25) on renewed optimism about a potential US-China trade deal, and ahead of ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Asia stocks up slightly, eyes on US-China talks, Fed minutesAsian stocks gained a tad on Wednesday after U.S-China trade talks resumed while investors awaited minutes from the U.S. Federal Reserve for clues ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

US-China trade talk doubts weigh down European stocksLONDON: Stock markets on both sides of the Atlantic mostly softened on Tuesday (Feb 19) after a mixed session in Asia, with investors harbouring ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

European stocks higher tracking US-China trade hopes, UK political turmoilLONDON: European stock markets rose on Wednesday (Feb 20) as investors tracked growing optimism that China and the United States will reach a ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »