NewsFeeder
08-26-2019, 03:22 PM
Stocks end higher after Trump sounds optimistic tone on trade
Stocks ended higher Monday, marking a partial bounce from Friday's steep selloff, after President Donald Trump said China wants to return to the negotiating table and that he was optimistic about prospects for a deal to end an escalating trade war. The Dow Jones Industrial Average [s djia] rose around 270 points, or 1.1%, to end near 25,899, according to preliminary figures, while the S&P 500 gained around 31 points, or 1.1%, to close near 2,878. The Nasdaq Composite finished around 102 points higher at 7,854, up 1.3%. Stocks tumbled sharply on Friday after China imposed retaliatory tariffs on $75 billion of imports from the U.S., prompting an angry response from Trump, who followed up after the market closed with additional tariff increases on Chinese products.
https://finance.yahoo.com/m/87d093a0-b21c-3151-bc50-cd955701c2cd/stocks-end-higher-after-trump.html?.tsrc=rss
Stocks ended higher Monday, marking a partial bounce from Friday's steep selloff, after President Donald Trump said China wants to return to the negotiating table and that he was optimistic about prospects for a deal to end an escalating trade war. The Dow Jones Industrial Average [s djia] rose around 270 points, or 1.1%, to end near 25,899, according to preliminary figures, while the S&P 500 gained around 31 points, or 1.1%, to close near 2,878. The Nasdaq Composite finished around 102 points higher at 7,854, up 1.3%. Stocks tumbled sharply on Friday after China imposed retaliatory tariffs on $75 billion of imports from the U.S., prompting an angry response from Trump, who followed up after the market closed with additional tariff increases on Chinese products.
https://finance.yahoo.com/m/87d093a0-b21c-3151-bc50-cd955701c2cd/stocks-end-higher-after-trump.html?.tsrc=rss