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Dow stages 450-point comeback, ends the day higher after Trump says China trade talks to continue


Saturday, 11 May 2019 03:24 WIB

Saham AS


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Stocks staged a massive reversal on Friday after President Donald Trump said conversations with China over trade will continue and his relationship with President Xi Jinping remains strong.

The Dow Jones Industrial Average finished the day 114.01 points higher to 25,942.37, roaring back from a 358-point loss earlier in the session that came in the wake of a tariff increase by the U.S. effective just after midnight. The S&P 500 snapped a four-day losing streak, eking out a 0.37% gain to 2,881.40. The Nasdaq Composite ended the day slightly higher to 7,916.94 after stocks rallied from their lows.

Source: CNBC


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