US stocks rise on trade talk hopes

2019-09-13 15:19:14 GMT (Economies.com)
US stocks rise on trade talk hopes

US stocks opened higher today, to extend gains for the second straight sessions on increased market's hopes about the trade the US-China trade talks.

 

President Trump announced the delaying of the $250 billion tariffs increase on Chinese imports for nearly two weeks in a good will gesture, until October 15th.

 

Experts see that Trump wants to pave the way for constructive negotiations between Washington and Beijing, which will begin in October while aiming for a long-term trade agreement.

 

The US Commerce Department revealed today that the retail sales rose by 0.4% in August.

 

As of 15:03 GMT, Dow Jones rose by 0.2% or 58 points to 27,239 points, Nasdaq rose by 0.1% or 7 points to 8,201, and S&P 500 rose by 0.2% or 5 points to 3,015.

 
 
 
  Symbol Last Change Chg.%
1.1163
-0.0003
0.0282%
1.2977
0.0025
0.1899%
17.704
0.160
0.910%
53.386
-0.321
0.598%
58.82
-0.59
0.99%
1491.280
1.125
0.075%
 
 
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Asia