While you were sleeping: Equities rally as US, China plan trade talks

Thu, 05 Apr 2018

By Margreet Dietz April 6 (BusinessDesk) - Equities on both sides of the Atlantic rallied amid signs that the US and China will negotiate to halt an escalating trade dispute that has dampened an otherwise optimistic outlook for corporate profits and economic growth. In 12.33pm trading in New York, the Dow Jones Industrial Average climbed 1 percent, while the Nasdaq Composite Index gained 0.5 percent. In 12.18pm trading, the Standard & Poor’s 500 Index rose 0.8 percent. “After the initial introduction of trade tensions and the back and...

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