The stock market for the first time in the past couple of months has shown strong signs of growth and this is all due to the decision of China and the United States to talk on the trade war tariffs.
After moving sharply higher early in the session, stocks have seen some further upside over the course o the trading day on Friday. With the rally on the day, the major averages are extending the strong upward move seen over the two previous sessions. The major averages have pulled back off their best levels in a long time since the trade war ensued in recent trading but remain firmly positive. The Dow is up 423.45 points or 1.6 percent at 26,920.12, the Nasdaq is up 136.05 points or 1.7 percent at 8,086.84 and the S&P 500 is up 45.57 points or 1.6 percent at 2,983.70. The markets continue to benefit from optimism about ongoing U.S.-China trade talks, with upbeat comments from President Donald Trump adding to the positive sentiment.
Trump tweeted on twitter saying "Good things are happening at China Trade Talk Meeting. Warmer feelings than in recent past, more like the Old Days" and also stated “I will be meeting with the Vice Premier today. All would like to see something significant happen!" It will be interesting to see what terms the trade talks settle on and how that fares for the losses of the markets over the past year maybe we will get to see a huge change to bring back the lost money in trade in the last year.
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