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U.S. Stocks Open Higher on Reports That U.S.-China Trade Deal is Near


Monday, 4 March 2019 21:49 WIB

DOW JONESS & P 500Indeks NasdaqSahamAS


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U.S. stock benchmarks rose at the opening bell on Monday, adding to last week's gain, following reports that the U.S. and China were close to striking a trade deal.

The S&P 500 rose 0.4% to 2,815. The Dow Jones Industrial Average  advanced 121 points, or 0.5%, to around 26,147. The Nasdaq Composite was up 0.6% to 7,640.

Washington and Beijing were putting the final touches to a trade agreement which could be signed as early as this month, according to a report by The Wall Street Journal, spurring a rally in risk assets across the world and lifting global equities. In individual stocks, shares of Kraft Heinz Co. were up 2% after Morgan Stanley upgraded the stock to equal weight from underweight.

Source : Marketwatch


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