US stocks rise on China trade talks progress

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NEW YORK: Wall Street stocks finished modestly higher on Monday (Feb 25) on renewed optimism about a potential US-China trade deal, and ahead of ...

Share via E-Mail Bookmark NEW YORK: Wall Street stocks finished modestly higher on Monday on renewed optimism about a potential US-China trade deal, and ahead of key economic data releases. The Dow Jones Industrial Average closed at 26,091.95, up 60.14 points . Advertisement The broad-based S&P 500 edged up 3.44 points to 2,796.11, while the tech-rich Nasdaq Composite Index gained 26.92 points to 7,554.46.

Advertisement Advertisement Optimism over a US-China trade accord has been a driver of a US equity rally that has lifted the S&P 500 about 19 per cent since Dec 24. Trump himself touted the gains on Twitter as"great news for your 401s.

Source: News Formal (newsformal.com)

 

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