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Wall Street hits records on reports of U.S.-China trade deal

Published 12/12/2019, 04:20 PM
© Reuters. FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S.
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NEW YORK (Reuters) - Wall Street's main indexes hit record highs on Thursday following news that the United States had reached a "deal in principle" with China to resolve a trade war that has rattled markets for nearly two years.

© Reuters. FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S.

The Dow Jones Industrial Average (DJI) rose 220.62 points, or 0.79%, to 28,131.92, the S&P 500 (SPX) gained 26.93 points, or 0.86%, to 3,168.56 and the Nasdaq Composite (IXIC) added 63.27 points, or 0.73%, to 8,717.32.

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