Investors were hopeful that China-US trade talks prove fruitful (只備英文版)
US stocks advanced Monday on optimism over trade talks between the United States and China, while the Nasdaq edged upward as technology stocks pared losses. The planned talks between the United States and China later this week provided a boost to the trade-sensitive industrial sector. Industrials added the most gains to the S&P among the index's major sectors. The Dow Jones industrials were up 0.35 percent, the S&P added 0.2 percent and the Nasdaq edged up 0.1 percent.
Global shares were mixed Friday and mostly declined on the week (只備英文版)
US stocks advanced Friday. The Nasdaq turned positive on reports of progress in tariff disputes between the United States and its trading partners China and Mexico. Chinese and US negotiators are planning talks to resolve their trade disagreements ahead of meetings in November. Mexico's economy minister, Ildefonso Guajardo, said he hopes to wrap up outstanding bilateral issues on the North American Free Trade Agreement (NAFTA) by the middle of next week. The Dow Jones industrials were up 0.4 percent, the S&P added 0.3 percent and the Nasdaq edged 0.1 percent higher. For the week, the Dow was up 1.4 percent and the S&P added 0.6 percent. However, the Nasdaq retreated 0.3 percent.