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Dow Hits Record High In Anticipation Of US-China Phase One Trade Deal

Ramsey Baker

Summary: Stocks rose on Wednesday in anticipation of the U.S. and China signing the phase one trade deal while the corporate earnings season picked up steam. The Dow Jones Industrial Average which traded 160 points higher or 0.6% reached an all-time high on Wednesday. The S&P 500 gained 0.4% and also hit a record, while the ...

Stocks rose on Wednesday in anticipation of the U.S. and China signing the phase one trade deal while the corporate earnings season picked up steam.

The Dow Jones Industrial Average which traded 160 points higher or 0.6% reached an all-time high on Wednesday. The S&P 500 gained 0.4% and also hit a record, while the Nasdaq Composite advanced 0.5%.

By Ramsey Baker

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