Trending: Oil | Gold | BITCOIN | EUR/USD | GBP/USD

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

Economies.com
2019-08-13 15:06PM UTC

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.

American Markets News

Americas News

Markets

Wall Street buoyed after weak inflation data
2025-12-05 16:16PM UTC
U.S. equities moved higher on Friday after weaker inflation figures strengthened expectations that ...
Americas News

Markets

Wall Street reverses higher after weak opening
2025-12-03 15:54PM UTC
US stock indexes rose on Wednesday, reversing earlier losses that followed the release of weak ...
Americas News

Markets

Wall Street boosted by resurgent demand on tech sector
2025-12-02 17:07PM UTC
U.S. equities rose on Tuesday as renewed demand for technology stocks and crypto-linked names ...