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.% | ||
|---|---|---|---|---|---|
|
|
|
1.1025
|
-0.0069
|
0.6179%
|
|
|
|
|
1.3073
|
0.0072
|
0.5534%
|
|
|
|
Tadawul
|
8328.94
|
-57.41
|
0.68%
|
|
|
|
|
18.104
|
0.083
|
0.458%
|
|
|
|
|
54.273
|
-4.505
|
7.665%
|
|
|
|
|
60.77
|
-1.26
|
2.03%
|
|
|
|
|
1570.630
|
13.715
|
0.881%
|
|
