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Wall Street rebounds as tariff delay prompts rally

Published 08/13/2019, 04:05 PM
Updated 08/13/2019, 04:05 PM
© Reuters. Traders work on the floor at the New York Stock Exchange (NYSE) in New York

(Reuters) - U.S. stocks closed higher on Tuesday after an announced delay of planned tariffs on select Chinese imports brought buyers back to the equities market in a broad-based rally.

The Dow Jones Industrial Average (DJI) rose 307.78 points, or 1.19%, to 26,215.15, the S&P 500 (SPX) gained 38.81 points, or 1.35%, to 2,922.56 and the Nasdaq Composite (IXIC) added 152.95 points, or 1.95%, to 8,016.36.

Latest comments

to China this is Trump caving in.  No need for them to negotiate.
why delay, sooner is better, because China will pay tariff and Trump will know how smart he is
Hahaha, I like this one. Still remember he was so proud of collecting tariffs from China, hahaha.
Your girlfriend is going to kick you out for blowing your money today
Don't you start. It's been my own personal financial crisis today
This is trump market
gold is the way to go.
Still holding it on a buy
You are dead its not gonna touch those $1529 high again any time soon unless Donald Twitter trades come out
Trump gives Xi 20 days to resolve his HK issues. Then back to the game. A politician never kills another.
Good thought
Just tink what the market would do if all tariffs were removed. The financial markets and the economy would really boom. The Fed is not the problem Trumps tariffs are.
It would be an equities bonanza
@Max Rochester I don't even care what they say anymore. They news are fake or outdated. It's just a scheme to get the dumb money to enter late and lose
just stop this rubbish and pumping fake news
I was in the toilet when account blew. So please I am more angry than any investor alive Rn
This day will long be remembered for the Tumelo Mash Toilet Incident =)
Did yall witness the heavy fall in gold
fail. lmao. it's almost like the ustr noticed 2bps between 2-10 and released positive news market open
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