Stocks are jumping Monday morning after the U.S. and China appeared to make major progress in trade talks.
Wall Street indexes rose on Monday, helped by gains in technology stocks after President Donald Trump softened his stance on Chinese technology company ZTE Corp, signaling easing U.S.-China trade tensions.
U.S. stocks posted slight gains on Friday as a rise in healthcare shares ahead of President Donald Trump’s speech on drug pricing more than made up for losses in Symantec and Nvidia.
U.S. stock indexes were little changed on Friday in choppy trading after data showed weaker-than-expected U.S. jobs and wages growth in April, while unemployment rate dropped to a 17-1/2-year low.
U.S. stocks fell on Wednesday as caution set in ahead of the Federal Reserve’s regular policy statement, while strong results from Apple kept losses in check.
U.S. stocks slipped on Tuesday as the latest batch of earnings from companies such as Pfizer and Tapestry disappointed investors already concerned about rising costs and protectionist policies.
U.S. stock indexes fell on Friday on weakness in technology stocks and as energy companies were hit by lower oil prices after President Donald Trump criticized OPEC for artificially high prices.
Wall Street slid on Thursday morning, weighed down by a broad-based slump in technology stocks from Apple to chipmakers as well as a tumble in consumer staples such as Procter & Gamble.
Wall Street rebounded from last week’s trade tariff driven selloff to open higher on Monday, taking comfort in comments from the Trump administration officials who stressed the trade dispute with China could be resolved through talks.
U.S. stocks jumped on Thursday as technology shares bounced back from a sharp selloff ahead of a long weekend that marks the end of a turbulent quarter for Wall Street.