Stock Market Gains Amid Trump-Xi Trade Talk

Reported about 3 hours ago

US stocks rose on Friday, with the Dow Jones Industrial Average and S&P 500 both up by around 0.1%, while the Nasdaq Composite increased by 0.3%. This upward trend coincides with a key trade discussion between Presidents Trump and Xi, with expectations of a TikTok deal potentially easing tensions in US-China trade relations. Despite these gains, Trump indicated the possibility of extending the current tariff truce, which may temper hopes for a more definitive trade agreement. Additionally, shares of companies like Oracle benefited from the ongoing negotiations.

Source: YAHOO

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