Stocks open higher on Wall Street ahead of China trade deal
https://apnews.com/b52036c6b93bc36024c083520a295c0d
NEW YORK (AP) — Stocks are opening broadly higher on Wall Street as traders welcome news that China's top trade official will head to Washington next week to sign a preliminary trade deal with the U.S. Technology companies and banks led the way higher. Microsoft rose 1.3% and Goldman Sachs rose 1.2%. The S&P 500 rose 17 points, or 0.5%, to 3,270. The Dow Jones Industrial Average rose 144 points, or 0.5%, to 28,888. The Nasdaq added 77 points, or 0.8%, to 9,206. Bond prices fell, sending yields higher. The yield on the 10-year Treasury note rose to 1.89%. Oil and gold prices fell.
THIS IS A BREAKING NEWS UPDATE. AP’s earlier story follows below.
Stocks open higher on Wall Street ahead of China trade deal
Jan 9, 2020, 3:22pm UTC
https://apnews.com/b52036c6b93bc36024c083520a295c0d
> NEW YORK (AP) — Stocks are opening broadly higher on Wall Street as traders welcome news that China's top trade official will head to Washington next week to sign a preliminary trade deal with the U.S. Technology companies and banks led the way higher. Microsoft rose 1.3% and Goldman Sachs rose 1.2%. The S&P 500 rose 17 points, or 0.5%, to 3,270. The Dow Jones Industrial Average rose 144 points, or 0.5%, to 28,888. The Nasdaq added 77 points, or 0.8%, to 9,206. Bond prices fell, sending yields higher. The yield on the 10-year Treasury note rose to 1.89%. Oil and gold prices fell.
> THIS IS A BREAKING NEWS UPDATE. AP’s earlier story follows below.