Stocks Pop As China, Turkey Say They Are 'Ready To Talk' To U.S. [Investor's Business Daily]
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Related news U.S. stock indexes on Thursday rubbed out parts of the previous session's losses but volume was down. In the meantime, China and Turkey said separately that they were ready to talk about trade issues with the Trump administration. ( For updates on this story and other market coverage, visit the Stock Market Today .) Blue chips were mostly up, with the Dow Jones industrial average gaining 1.4% — popping out all of Wednesday's 0.5% dent. The S&P 500 rose 0.9%, enough to take back Wednesday's 0.8% loss. The Nasdaq added 0.9% after losing 1.2% in the previous session. Volume dropped on both major exchanges. Turkey's Foreign Minister Mevlut Cavusoglu said Turkey was "ready to talk about everything" with the U.S. Meanwhile, China said it accepted a U.S. invitation to resume trade talks later this month in Washington. Turkey accounts for less than 1.4% of the world's GDP while China's share is 19.7%, according to the World Bank. The U.S. accounts for 31.2% of world GDP. The sto
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