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

S&P 500, Nasdaq boosted by tech stocks after inflation data
2026-04-10 15:15PM UTC
The S&P 500 and Nasdaq Composite indices rose slightly on Friday supported by gains in ...
Americas News

Markets

Wall Street retreats slightly amid doubts over Middle East truce
2026-04-09 15:33PM UTC
Main indices on Wall Street retreated slightly on Thursday after rising in the previous session, ...
Americas News

Markets

S&P 500 and Nasdaq open higher as investors assess prospects for ending Middle East conflict
2026-04-06 14:29PM UTC
The S&P 500 and Nasdaq Composite opened higher on Monday, following their largest weekly gains ...