Sino-US Agreement Lifts Wall Street Higher
"); jQuery("#212 h3").html("
"); });
2018-05-22 HKT 05:17
Share this story
Signs of easing trade tensions between the US and China sent stocks solidly higher on Wall Street on Monday, giving the Dow Jones industrial average its biggest gain in two weeks.
Technology and industrial companies led the way higher.
Micron Technology jumped 3.9 percent after the chipmaker raised its profit and revenue forecasts.
General Electric rose 1.9 percent after reaching a deal to combine its train engine business with Westinghouse Air Brake Technologies.
The S&P 500 index rose 0.7 percent to 2,733.
The Dow Jones industrial average climbed 1.2 percent to 25,013. The Nasdaq composite increased 0.5 percent to 7,394. (AP)
US Stocks Rise On Hopes Of Pause In Rate Increases
Wall Street stocks finished solidly higher on Thursday, reflecting better sentiment on the US economy and a consensus vi... Read more
China's Financial Risks 'controllable': Regulators
The head of the National Financial Regulatory Administration on Thursday told a high-profile forum in Shanghai that the ... Read more
Banks Cut Yuan Deposit Rates, Could Boost Consumption
China's biggest banks on Thursday said they have lowered interest rates on yuan deposits, in actions that could ease pre... Read more
Cheese And Wine Put EU, Australia Deal In Peril
Australia on Thursday threatened to walk away from a blockbuster free trade deal with the European Union unless its prod... Read more
US Stocks End Mixed As Tech Shares Are Sold Off
Gains by industrial companies lifted the Dow on Wednesday, while weakness among technology shares pushed the Nasdaq deci... Read more
Amazon 'plans Prime Video Streaming Service With Ads'
Amazon.com is planning to launch an advertising-supported tier of its Prime Video streaming service, the Wall Street Jou... Read more