Global stocks sustain rally as US-China trade talks wrap up

Global stocks sustain rally as US-China trade talks wrap up

5 years ago
Anonymous $L9wC17otzH

https://apnews.com/0a9364938f634bb0b8aadf9a47ee6420

NEW YORK (AP) — Stocks around the world built on their early 2019 rally Wednesday after negotiators from the U.S. and China extended their trade talks to a third day, which investors took as a sign the discussions were productive even though no major breakthroughs have been announced. Oil prices also continued to climb and stocks linked to faster economic growth, such as technology companies, kept rising.

KEEPING SCORE: The S&P 500 index climbed 11 points, or 0.4 percent, to 2,585 as of 11:30 a.m. Eastern time. It's on track for its fourth consecutive gain. The Dow Jones Industrial Average picked up 125 points, or 0.5 percent, to 23,913. The Nasdaq composite rose 49 points, or 0.7 percent, to 6,946. The Russell 2000 index of smaller and U.S.-focused stocks added 8 points, or 0.6 percent, to 1,434.

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