Reports of US confirming China tariff rollback drives markets record-high ...News

Russia Today - Economy
Reports of US confirming China tariff rollback drives markets record-high
source : Russia Today ( News ) () 103
Reports that the US has agreed to a rollback of tariffs on Chinese goods if ‘phase one’ of the long-awaited trade deal is sealed have sent markets to a record high. A US official has confirmed the arrangement to roll back tariffs, Bloomberg reported on Thursday afternoon. The Dow Jones gained 246.34 points, with companies like Caterpillar and Boeing up at least 1.2 percent. Meanwhile, the S&P 500 added 17.27 points, rising to 3,094.05. Energy stocks jumped 1.1 percent. US President Donald Trump tweeted that the stock market was "up big" on Thursday morning. "A New Record. Enjoy!" he wrote. Stock Market up big today. A New

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