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Dow rises more than 200 points after Trump says US and China are 'getting back to the table'


Monday, 26 August 2019 23:23 WIB

DOW JONES Standard & Poor's 500Saham AS


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Stocks jumped on Monday after President Donald Trump said China is ready to come back to the negotiating table following a phone call Sunday.

The Dow Jones Industrial Average traded 240 points higher, or 0.9%. The S&P 500 climbed 0.8% while the Nasdaq Composite advanced 1%.

Semiconductor stocks such as Micron and Advanced Micro Devices gained 1.2% and 3%, respectively. Boeing and Apple led the Dow, rising around 1% each.

Speaking to reporters at the Group of Seven (G-7) meeting in Biarritz in France Monday, Trump said the two countries would start talking very seriously.

Source: CNBC


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