US: Wall St opens higher on hopes of trade concessions
09 July, 2018, 08:43
Investors have pulled money out of emerging markets and European equities more quickly over the last two months than in 2016, Bank of America Merrill Lynch strategists said on Friday in a weekly note.
USA stocks traded on an upbeat note on Friday as investor sentiment was bolstered by encouraging jobs data.
The Dow Jones Industrial Average rose 111.00 points, or 0.46 per cent, at the open to 24,285.82.
The United States and China slapped tit-for-tat duties on $34 billion worth of each other's imports on Friday, with Beijing accusing Washington of triggering the "largest-scale trade war" as the world's two biggest economies sharply escalated their conflict.
The broad-based S&P 500 advanced 23.39 points (0.86 per cent) to 2,736.61, while the tech-rich Nasdaq Composite Index jumped 83.75 points (1.12 per cent) to 7,586.43.
Private US firms added 177,000 employees last month, according to payrolls firm ADP, a bit below the pace in May but a level that was still seen as solid.
May secures cabinet backing for 'soft Brexit'
Britain said the proposal would also solve the problem of the Border between Northern Ireland and the Republic of Ireland. MPs are now waiting for more detail in a white paper to be published next Thursday.
While China accused Washington of triggering the "largest-scale trade war", US stock indexes rose.
Reflecting expectations that small USA companies are less at risk than multinationals from tariffs, the Russell 2000 index has outperformed the S&P 500, Dow and Nasdaq since early March.
The Dow is up 85.33 points, or 0.4 percent.
Investors were pleased to see that USA employers kept up a brisk pace of hiring last month, without having to hike wages that much.
The S&P 500 index rose 5 points, or 0.2 percent, to 2,741. The S&P 500 is up 3 percent so far in 2018, helped by deep corporate tax cuts that have boosted companies' earnings and led to massive share buybacks.
Are we going to get Cormier v Lesnar? "Push me now, [and] you're going to sleep later", Cormier, 39, yelled at Lesnar. As Lesnar left , Cormier had one final thing to say as his family gathered in the center of the Octagon.
And the respective media from both Germany and Spain have dropped an intriguing assessment of England's World Cup campaign. In the second half England goal keeper Jordan Pickford saved the day with stunning defense.
After ensuring the lions were not a threat to tourists, Fox said there will not be any changes to "the status quo of our lions". There are six lions in the pride, which act as "watch-dogs" to help protect the resident rhinos from poachers .
Taff also pointed to Lily as Marvel's first female title character. "I think you see that come to play here", she said. The acclaimed Annapurna Pictures release opened with $717,302 on 16 screens, good for a per-screen average of $44,831.
Michael Gove has urged Tory MPs to back a compromise Brexit plan as the best chance of a "proper" exit from the EU. Vicky Ford urged colleagues not to get "hot under the collar" until they had seen the details.
Since the start of 2014, McLaren have scored just two podiums - and they came at the opening race of that season. When suggested that he was at the head of the charge, Alonso stated, "No, I don't think so".
The operation began at 10 a.m. local time and went faster than initially expected, but did not confirm which boys were rescued. Rescuing them all could take three to four days and depended on the weather, an army commander involved in the mission said .
Guangzhou, who announced the deal on their website on Sunday, said the former Tottenham man has signed a one-year contract. FC Barcelona midfielder Paulinho has rejoined Chinese Super League outfit Guangzhou Evergrande on loan.
Raleigh native Simpson fires 61, leads at The Greenbrier
Then the 23-year-old Spaniard drove into a fairway bunker on No. 1 and compounded the error by three-putting from long range. Kirk wasted no time in picking up from where she left off past year , when she won the inaugural edition of the tournament.
Four-year-old girl with cerebral palsy takes first steps
According to the family's YouCaring page , she spent the first 87 days of her life in the hospital's NICU before being sent home. According to FOX 2 Detroit , doctors told the little girl's family it could be up to a year before Maya could walk on her own.