Business Standard

S&P, Dow rise after Trump comments on trade

Image

Reuters

(Reuters) - The S&P 500 and the Dow gained on Friday, after U.S. President Donald Trump said that the United States may not need to impose further tariffs on Chinese imports as the world's two largest economies continue to work on an agreement to eliminate trade tensions.

The Dow Jones Industrial Average rose 171.44 points, or 0.68 percent, to 25,460.71, the S&P 500 gained 9.66 points, or 0.35 percent, to 2,739.86 and the Nasdaq Composite dropped 9.01 points, or 0.12 percent, to 7,250.03.

(Reporting by Sruthi Shankar in Bengaluru)

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Nov 16 2018 | 11:27 PM IST

Explore News