US stocks open higher as focus turns to the trade deal

2020-01-13 18:11:55 GMT (Economies.com)
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%
 
 
US
 
Europe
 
Asia