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Wall Street gains solid ground
Economies.com
2022-05-23 14:28 UTC
US stock indices gained ground on Monday on optimism of resuming good trade relations between China and the US.
US President Joe Biden stated that his administration might lower customs imposed on Chinese products.
Biden is aiming to increase trade relations with China after the previous trade customs war launched by Trump.
Dow Jones rose 1.3% to 31,655 as of 14:24 GMT, while S&P 500 rose 0.8% to 3,935, as NASDAQ rose 0.2% to 11,379.
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