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The conditions of the major US stock exchanges were more Wednesday, indicating that the recovery of Tuesday continues in the opening market.
Despite the last Today's contradictory statements about the trade dispute between the United States and China, investors of the day, hoped that the next meeting of the G20 would be able to propose a breakthrough in the discussions .
While President Donald Trump made several brief statements before the G20 meeting, White House economic adviser Larry Kudlow on Tuesday raised the possibility of the two countries coming to a trade deal, which contributed to a closure. United States positive on Tuesday.
The interest is also directed against the speech of Fed Chairman Jerome Powell, held at 6 pm in Swedish, to provide further clues about the future trend of interest rates.
Before the opening of the stock market There were a lot of US statistics, including a GDP figure for the third quarter. No major reaction was observed in the fixed income and foreign exchange markets.
Just after 3 pm, the S & P 500 was 0.4%. The Dow Jones index and the Nasdaq 100 technology both rose 0.6%.
Tuesday, the Dow Jones index rose 0.4%, the S & P 500 index by 0.3% and the Nasdaq closed unchanged.
Several heavy industry companies progressed in Wednesday trading. Boeing was up 2.4% and Caterpillar 1%.
GM, who supported 2.6% Tuesday after President Donald Trump criticized the company's decision to close factories in the United States and threatened to withdraw its subsidies, has recovered from the trade.
However, the rise in GM's shares was fired after Donald Trump again found that the auto giants had to pay back government contributions if jobs were not kept in the United States.
Tiffany sold 12% after the chain of jewelry and watch stores reported comparable sales figures that did not meet Wall Street's expectations.
Amazon has been traded on the other hand, up 2% after the company has assumed that Cyber Monday was the biggest trading day ever organized so far for the e-commerce giant.
Wednesday afternoon's statistics showed, among other things, that US GDP rose by 2.5% in the third quarter. According to the forecast of the Reuters survey, it was in line with expectations.
At 4:00 pm, US statistics are expected at the start of new sales and the Richmond Fed index, and at 4:30 pm, DOE's weekly oil inventory statistics will be released.
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