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Post by bot on Dec 11, 2018 18:13:24 GMT -5
U.S. stocks open sharply higher as U.S.-China trade talks resume
U.S. benchmark stocks opened sharply higher on Tuesday as the back-and-forth trade battle between the U.S. and China took a step forward after leaders from both sides launched formal talks. In a Tuesday morning Tweet, President Trump said "Very productive conversations going on with China! Watch for some important announcements!" The Dow Jones Industrial Average opened up 1.3%, the S&P 500 began the session up 1% and the tech-heavy Nasdaq Composite Index was up 1.4%. On the data calendar, the NFIB small business optimism index for November fell to 104.8 from 107.1, its lowest level since May.
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