Dow Jones rises 1.5%, returns above 26,000 points

2019-08-13 16:40:04 GMT (Economies.com)
Dow Jones rises 1.5%, returns above 26,000 points

US stocks rose today, returning to rise again after the US-China trade war concerns eased in addition to positive economic data.

 

News agencies said today Trump's administration intends to exempt several Chinese products from the 10% tariffs increase until mid-December instead of 1st of September.

 

This decision came after intensive calls between the two countries recently to ease the ongoing trade escalation after Trump's decision to impose more tariffs.

 

The US released data today that showed that the CPI rose by 0.3% in July.

 

By 15:04 GMT, Dow jones rose by 1.5% or 385 points to 26,287 points, Nasdaq rose by 1.8% or 140 points to 8,003, and S&P 500 rose by 1.4% or 41 points to 2,921.

 
 
 
  Symbol Last Change Chg.%
1.1078
0.0026
0.2362%
1.2928
0.0000
0.0027%
Tadawul
8045.32
44.99
0.56%
17.177
0.223
1.316%
55.347
-2.447
4.235%
60.91
-1.53
2.45%
1474.910
6.930
0.472%
 
 
US
 
Europe
 
Asia