Stocks close higher on hopes for a US-China trade deal [MSN Money]
NEWFIELD EXPLORATION (NFX)
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Source: MSN Money
Stocks close higher on hopes for a US-China trade deal Stocks ded higher Wednday on hop that Chine and U.S. trade authoriti would reach an agreemt before a deadline in early March. Load Error The Dow closed up 7 points as Walgr Boots Alliance and M outperformed. The S&P 00 gained 0. perct, led by gains in the industrials and ergy sectors. The Nasdaq advanced 0.08 perct. Energy stocks got a boost from higher oil pric. The S&P 00 ergy sector gained more than perct, led by Newfield Exploration, Apache and Devon Energy, as Wt Texas Intermediate futur climbed . perct to $.90. Pridt Donald Trump suggted Tuday that he might be op to postpone the currt deadline of early March so that both sid can reach a deal. " always assumed the March trade deadline was flexible, but this just confirmed it," Tom Essaye, founder of The Sevs Report, wrote in a note. "Bottom line, the fundamtals are roughly balanced right now as there is optimism that a trade deal will get done." "Looking ahead, a trade deal
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