US STOCKS-Wall Street gets boost from easing trade concerns, euro zone stimulus
U.S. stocks were on track for a second straight session of gains on Thursday, after a stimulus drive by the European Central Bank added to an upbeat mood from trade concessions by Washington and Beijing ahead of planned negotiations in October. In a tweet that calmed financial markets, President Donald Trump said the United States would delay increasing tariffs on $250 billion worth of Chinese imports, after Beijing exempted some U.S. goods from additional levies. Trade-sensitive technology stocks provided the biggest boost among the 11 major S&P 500 sectors, gaining 0.84%.
Published:9/12/2019 12:37:20 PM