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The shares ended in a slight rise on Thursday, after a further de-escalation of short-term trade tensions between the United States and China and a new stimulus package from the European Central Bank. The Dow Jones Industrial Average
DJIA, + 0.17%
about 45 points, up 0.2%, nearly 27,182, according to preliminary figures, while the S & P 500 index
SPX, + 0.29%
gained about 9 points, or 0.3%, to settle close to 3,010. The Nasdaq composite
COMP + 0.30%
closed close to 8194, up 25 points, or 0.3%. President Donald Trump on Wednesday night decided to delay by two weeks the increase in tariffs on imports of Chinese products, while a report released Thursday by Bloomberg News indicated that officials in the country said the two-week-old Chinese government is likely to have a problem. The administration was considering an interim agreement with Beijing, although White House officials have denied having worked agreement, according to other reports. Also on Thursday, the ECB took drastic action to support the euro zone's declining economy and bring down stubbornly low inflation towards its goal. The ECB further reduced its policy rate in negative territory and relaunched a program of monthly bond purchases, along with other measures.
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