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Dow Rallies 300 Points on Rising Trade Optimism After China-U.S. Talks Set For Early October
Thursday, 5 September 2019 21:08 WIB | MARKET UPDATE |DOW JONESS & P 500SahamAS

U.S. stocks rallied at the start of trade Thursday after American and Chinese officials declared a tentative resumption of tariff talks, viewed by Wall Street as a sign of progress in the yearlong trade conflict between the economic superpowers.

Also helping boost sentiment were positive readings on the U.S. labor market, including a report from ADP estimating the private sector added 195,000 jobs in August.

The Dow Jones Industrial Average gained 312 points, or 1.2%, to 26,669, while the S&P 500 index advanced 29 points, or 1%, to reach 2,967. The Nasdaq Composite index rose 99 points to 8,075, a gain of 1.2%.

Source : Marketwatch

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