Dow jumps 200 points at open, set to end week with a flourish as U.S.-China talks show progress
Friday, 15 February 2019 21:41 WIB |
MARKET UPDATE |DOW JONES Standard & Poor's 500Indeks NasdaqSaham AS
U.S. stock indexes on Friday rose firmly higher as investors focused on continued progress in trade negotiations between China and the U.S. in the final day of its weeklong round of discussions.
The Dow Jones Industrial Average rose 213 points, or 0.8%, at 25,648, the S&P 500 index advanced by 0.6% at 2,762, while those for the Nasdaq Composite Index climbed 0.6% to 7,470.
For the week, the Dow was on pace for a 1.3% rise, the S&P a 1.4% advance, while the Nasdaq was set to gain 1.8%, as of Thursday's close. U.S.-China trade talks wrapped up Friday in Beijing, with reports negotiators remained deadlocked over key issues, but were set to extend their discussions in to next week in Washington - viewed as a sign that both sides were eager to reach a deal ahead of March deadline.