MARKET SNAPSHOT: S&P 500 Jumps To Within 1% Of Record As Trump Tweets Plan For ‘extended Meeting’ With President Xi

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U.S. stocks rallied Thursday on hopes that the U.S. will lift tariffs on Chinese imports, a conflict that has rattled financial markets in recent months. The Dow Jones Industrial Average climbed 233 points, or 1%, to 24440, after falling more than 100 points in early trading. The S&P 500 added 1%

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S&P futures rose after yesterday’s volatile session ahead of today’s Fed decision, and European stocks jumped after Italy struck a crucial budget deal with the EU following a downbeat Asian session as oil tried to rebound after a furious three-day selloff that rattled global markets and sent investors scrambling into the safety of government bonds (in record numbers according to BofA).

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S&P 500 jumps to within 1% of record as Trump tweets plan for ‘extended meeting’ with President Xi MarketWatch – By MarketWatch U.S. stocks on Tuesday are set to extend the previous session’s gains ahead of the start of the Federal Reserve’s two-day policy meeting.

New York : (CBS Marketwatch) : U.S. stock indexes headed sharply higher midday Tuesday, pushing the broad-market S&P 500 to within 1% of a closing record as President Donald Trump tweeted that had a productive conversation with Chinese counterpart Xi Jinping.

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