Stocks rise on potential progress in China trade talks [MSN Money]
JP Morgan Chase & Co. (JPM)
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Source: MSN Money
Stocks rise on potential progress in China trade talks Stocks rose Friday as traders cheered pottial progrs in trade negotiations betwe China and the U.S. Load Error The Dow rose more than 00 points, led by gains in Chevron and Boeing. The S&P 00 climbed perct, trading out of correction territory, as the ergy and industrials sectors outperformed. The Nasdaq advanced 0.9 perct. Bloomberg reported on Friday that China will offer a path to eliminating its trade imbalance with the U.S. That report st the major index to their highs of the day. On Thursday, the Wall Street Journal reported that Treasury Secretary Stev Mnuchin had floated the idea of easing tariffs on Chine goods as the two countri continue to negotiate on trade. The report st the major index to their ssion highs on Thursday. However, a sior administration told CNBC that there is "no discussion of lifting tariffs now." "That's the key factor," said Randy Frederick, vice pridt of trading and derivativ at the Schwab Cter for
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