US stocks open higher as focus turns to the trade deal
US stocks kicked off the week higher, lifted by widespread optimism ahead of the signing of the phase-one trade deal between the US and China.
President Donald Trump stated that signing of the phase-one trade agreement with China will take place on January 15, and negotiations for the phase-two will start immediately.
Trump added that he expected the delay of signing of the phase-two until after the next presidential elections in November.
Whilst, the US Chamber of Commerce sees that signing the phase-one deal does not mean ending the trade dispute between the US and China, but it is a step on the right path.
As for stocks, Dow Jones rose by 0.1% or 22 points to 28,845 as of 15:11 GMT, Nasdaq added 0.4% or 35 points to 9,214, and S&P 500 rose by 0.3% or 10 points to 3,275.
| Symbol | Last | Change | Chg.% | ||
|---|---|---|---|---|---|
|
|
|
1.1400
|
0.0058
|
0.5158%
|
|
|
|
|
1.2551
|
-0.0067
|
0.5326%
|
|
|
|
Tadawul
|
7380.35
|
-28.29
|
0.38%
|
|
|
|
|
19.136
|
-0.163
|
0.842%
|
|
|
|
|
40.170
|
-0.255
|
0.631%
|
|
|
|
|
43.00
|
0.29
|
0.68%
|
|
|
|
|
1809.035
|
-3.545
|
0.196%
|
|
