[ad_1]
US stocks point to another high session as the fog over the US-China trade war seems to fade.
Both parties have recently relaxed their position.
Dow Industrial futures are up 0.2%, S & P 500 futures are adding the same, and Nasdaq futures are up 0.3%.
MORE FOXBUSINESS.COM
Investors were encouraged by China's decision to exempt some US products from the recent round of tariffs.
In a "good-will" gesture, President Trump said Wednesday on Twitter that the United States had agreed to a two-week delay on the expected increase in tariffs on certain imports from China.
These measures could indicate that both parties are preparing for protracted conflict as they prepare for talks in Washington to end the conflict that threatens global economic growth.
On Wednesday, the S & P 500 rose 0.7%, the first time that it had exceeded 3,000 points since July 30th. The Dow Jones Industrial Average rose 0.8%, while the Nasdaq rose 1.1%.
| Teleprinter | security | Latest | Change | % Chg |
|---|---|---|---|---|
| I: DJI | DOW JONES MEANS | 27137.04 | +227.61 | + 0.85% |
| SP500 | S & P 500 | 3000.93 | 21.54 | + 0.72% |
| I: COMP | COMPOUND INDEX NASDAQ | 8169.678346 | +85.52 | + 1.06% |
On Thursday, the Japanese Nikkei gained 1.1% in Asia, the Hang Seng index in Hong Kong lost 0.2% and the Shanghai Composite in China 0.2%.
It is expected that the European Central Bank will launch a new wave of monetary easing on Thursday morning in the global central banks.
CLICK HERE TO READ MORE ABOUT FOX BUSINESS
Investors continue to expect the Federal Reserve to lower interest rates at its next week's meeting on a new central bank bid to maintain US economic growth.
The Fed raised its benchmark interest rate by a quarter point in July. It was his first hike in ten years.
Associated Press contributed to this article.
[ad_2]
Source link