Dow jumps 300 points after Trump says US has trade deal with China that will come in phases

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The Dow ended more than 300 points higher today after President Trump said that China and the U.S. have reached the first phase of a trade deal. The S&P 500 rose 1.1% and the Nasdaq increased 1.3%.

jumped 1.3% to 8,057.04. The gains helped the Dow and S&P 500 snap a three-week losing streak. The Dow and S&P 500 gained 0.9% and 0.6%, respectively, for the week. The Nasdaq ended the week up 0.9%.that phase one of the trade deal will be written over the next three weeks

As part of this phase, China will purchase between $40 billion and $50 billion in U.S. agricultural products. Trump also said the deal includes agreements on foreign-exchange issues with China. In exchange, the U.S. agreed to hold off on tariff hikes that were set to take effect Tuesday. President Donald Trump speaks to reporters after arriving aboard Air Force One at Joint Base Andrews, Maryland, September 26, 2019.Stocks fell off their session highs shortly before the close after U.S. Trade Representative Robert Lighthizer said a decision had not been made over additional U.S. tariffs scheduled for December.

 

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it's a nice scene. a muted cia guy. a newbie and perhaps another girl?

Lol emotional response

SteveDavidMike2 Who is it that makes major trades on every bit of China news ?

So phase one is what ? BS !!!!!!!!!!!!!!!!!!

By year 4 of Trumps presidency, we should all know what to believe what not to believe out of his mouth no?

Once futures & after hours trading is closed up, I’m sure we’ll get more details. 🙄

Whoaaaaa I’m seein green!

The terrorist organization PKK/PYD-YPG committed yet another heinous crime against humanity today. They killed two civilians, including a baby, in a mortar attack against Akçakale, a Turkish town at the Syrian border.

What's going to be the narrative if despite this deal capital expenditure does not increase?

Investor Comment: Today the Dow was up over 500 pts, then in a matter of seconds it dropped 200 pts, why?. I will tell you why, 'Stupid Investors'. The only thing that could have caused this drop was investors taking profits. They just don't understand which way is up!.

He is probably lying 🤥?

Yep, market manipulation. No deal has been written or has been reached.

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