Thursday, August 11, 2022
spot_img

US Stocks rallied on US-China trade talks ahead

Advertisement

Zubair Yaqoob
The author has diversified experience in investigative journalism. He is Chief content editor at wnobserver.com

U.S. stocks rallied higher on Tuesday with buyer’s confidence over the state of U.S.-China trade talks.

The Dow Jones Industrial Average DJIA, +1.09% advanced around 256 points, or 1.1%, to 23,788, based on preliminary numbers.

The S&P 500 SPX, +0.97% climbed 1% to finish near 2,574. The Nasdaq Composite COMP, +1.08% rose 1.1% to end around 6,897.

Trade talks between Beijing and Washington were extended to Wednesday amid reports that recent negotiations were making gradual progress, even if a final deal remains far away.

In corporate news, shares of Boeing Co. BA, +3.79% rose 3.8% after the aerospace firm reported fourth-quarter airplane deliveries were above expectations.

- Advertisement -
Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments
- Advertisement -
- Advertisement -

Latest News

0
Would love your thoughts, please comment.x
()
x