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US stocks surge as holiday season hope outweighs trade concerns | The Malaysian Insight

US stocks surge as holiday season hope outweighs trade concerns

19.11.2019

US stocks surge as holiday season hope outweighs trade concerns

Investors still grappling with reports that Chinese officials intent on staking phase one US-China trade deal on removal of some tariffs.

But US investors remain fairly upbeat about consumer sentiment following recent sales data as the market looks ahead to ‘Black Friday’, the unofficial start of the holiday shopping season, say analysts. – EPA pic, November 19, 2019.

The session in the US was choppy as investors grappled with reports that Chinese officials are intent on staking a “phase one” US-China trade deal on the removal of some tariffs, a condition opposed by the Trump administration.

Read more: TheMalaysianInsight

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