Wall Street opens higher after US-China trade detente | Fin24
In partnership with
  • Electric Car Tax

    Electric vehicles in SA are being taxed like luxury cars, which has reduced their popularity.

  • New Premises

    KPMG says it's on a journey of renewal as it opens its new Cape Town office.

  • Fin24’s newsletter

    Sign up to receive Fin24's top news in your inbox every morning.


Wall Street opens higher after US-China trade detente

Dec 03 2018 17:02

Wall Street stocks surged in opening trading on Monday after the US and China agreed to a ceasefire on new tariffs over the weekend.

About five minutes into trading, the Dow Jones Industrial Average stood at 25 956.88, up 1.6%, as the United States joined a global equities rally following Saturday's announcement at the Group of 20 summit in Argentina.

The broad-based S&P 500 advanced 1.4% to 2 799.03, while the tech-rich Nasdaq Composite Index jumped 1.8% to 7 461.59.

* Sign up to Fin24's top news in your inbox: SUBSCRIBE TO FIN24 NEWSLETTER

equities  |  wall street  |  markets


Company Snapshot

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...

Voting Booth

Do you think government can solve the Eskom crisis?

Previous results · Suggest a vote