Trade deal hopes lift Wall St for second straight session

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U.S. stocks rose by about 1per cent for the second straight day on Thursday on hopes that top-level U.S.-China trade talks would yield at least a ...

REUTERS: U.S. stocks rose by about 1per cent for the second straight day on Thursday on hopes that top-level U.S.-China trade talks would yield at least a partial deal, while a rise in Apple's shares lifted the technology sector.

A senior U.S. Chamber of Commerce official said U.S. and Chinese negotiators were working towards an"early harvest" of confidence-building agreements, including one to avoid currency manipulation. Fresh data on Thursday showed U.S. consumer prices were unchanged in September, while underlying inflation retreated.

Among other stocks, Delta Air Lines Inc fell 3.5per cent, the most on the S&P 500, after the carrier forecast disappointing current-quarter profit.

 

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