The major US stock indices are closing the day higher but well off their high levels of the day.
Dow industrial average rose to 54.48 points or 0.62% at 41368.45. At session highs, the index was up 659.25 pointsS&P index rose 32.66 points or 0.58% at 5663.94. At session highs, the index is up 88.82 pointsNASDAQ index rose 189.98 points or 1.07% at 17928.14. At session highs, the index was up 357.84 pointsThe market got a boost from the UK/US trade deal framework and comments that the US might lower China tariffs to 50% as early as next week..
For China :
At 145%, goods are not coming in. Inventories will dwindle away, and shelves will be empty.At 50%, a small amount of goods may come in. Inventories will dwindle away, and shelves will be less empty, but prices will be higher. This article was written by Greg Michalowski at www.forexlive.com.Hence then, the article about major us indices close higher for the second consecutive day was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
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