MARKETS: Stocks are rising in early trading after Pres. Trump struck a conciliatory tone on trade talks with China.
Stocks are rising on Wall Street in early trading after President Donald Trump struck a conciliatory tone on trade talks with China, saying Beijing was willing to reopen talks.
Big technology companies which do a lot of business in China and have much riding on the outcome of the trade dispute, rose the most early Monday. Apple climbed 2%. Traders will be closely watching the next steps in the trade negotiations, having been disappointed many times recently by early signs that the chill between the two economic giants was thawing.The S&P 500 rose 23 points, or 0.8%, to 2,870.
The Dow Jones Industrial Average climbed 224, or 0.9%, to 25,853. The Nasdaq rose 71, or 1%, to 7,825.
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