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Dow Hits Record Highs As China Announces It Will Halve Tariffs

Ramsey Baker

Summary: Stocks once again hit record highs on Thursday due to China’s announcement that it will halve tariffs on a bunch of U.S. products. Strong corporate earnings results and solid economic data also lead to the major indexes receiving a boost. The Dow Jones Industrial Average grew by 83 points, or 0.3%, to reach a record. ...

Stocks once again hit record highs on Thursday due to China’s announcement that it will halve tariffs on a bunch of U.S. products. Strong corporate earnings results and solid economic data also lead to the major indexes receiving a boost.

The Dow Jones Industrial Average grew by 83 points, or 0.3%, to reach a record. The S&P 500 increased by 0.3% and hit an intraday all-time high as well. The Nasdaq Composite climbed 0.6%.

By Ramsey Baker

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Link: Dow Hits Record Highs As China Announces It Will Halve Tariffs   [Copy]
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