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Stocks jump to a new record on Trump tweet saying US is 'very close' to China trade deal


Thursday, 12 December 2019 23:54 WIB

Saham AS


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U.S. stock benchmarks carved out fresh intraday all-time highs Thursday morning, reversing premarket losses, after President Donald Trump tweeted that the U.S. is “getting very close to a big deal with China,” signaling that tariffs set to go into effect Sunday may be avoided.

The Dow Jones Industrial Average DJIA, +0.58% rose 226.64 points, or 0.8%, at 28,136, the S&P 500 index SPX, +0.61% gained 26 points, or 0.8% to 3,167, and the Nasdaq Composite Index COMP, +0.42% added 69 points, or 0.8%, to 8,726.

All three main stock benchmarks touched intraday highs Thursday morning.

Source: marketwatch


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