US stocks close higher amid trade optimism
US stocks rose today as the markets hopes for the US-China trade talks returned in addition to concerns over the US recession easing.
President Trump said that US economy will continue to grow and ruled out a near recession.
Trump said that the trade talks with China are going very well, after his decision last week to delay the tariffs increase on several Chinese imports until mid-December.
In the oil market, West Texas Intermediate rose by 2.4% to close at $56.21 a barrel, with a high of $56.4 and a low of $54.8.
Brent rose 1.9% to $59.74 a barrel, with a high of $59.9 and a low of $58.4.
Dow Jones rose by 0.9% or 249 points to close at 26,135 points, with a high of 26,222 points and a low of 26,020.
Nasdaq rose by 1.3% or 107 points to 8003 points, with a high of 8,026 and a low of 7,974.
S&P 500 rose by 1.2% or 35 points to 2,923 points, with a high of 2,931 points and a low of 2,913.
| Symbol | Last | Change | Chg.% | ||
|---|---|---|---|---|---|
|
|
|
1.1282
|
0.0005
|
0.0439%
|
|
|
|
|
1.2488
|
0.0180
|
1.4657%
|
|
|
|
Tadawul
|
7388.49
|
76.25
|
1.04%
|
|
|
|
|
17.994
|
0.216
|
1.215%
|
|
|
|
|
40.365
|
1.590
|
4.101%
|
|
|
|
|
42.80
|
-0.34
|
0.79%
|
|
|
|
|
1772.975
|
1.360
|
0.077%
|
|
