Wall Street rises after Trump stirs China trade hopes again - Dealers Care

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Tuesday, 26 February 2019

Wall Street rises after Trump stirs China trade hopes again

By Sinad Carew NEW YORK (Reuters) - Wall Street's three major indexes ended higher on Monday but well below the session's highs after President Donald Trump said he would delay a planned hike in tariffs on Chinese imports. Postponement of the tariff deadline was seen as the clearest sign yet the two countries were closing in on an agreement to end their prolonged trade spat, which has slowed global growth and disrupted markets. But gains were capped after weeks of advances for the S&P 500, the Dow Jones Industrial Average and the Nasdaq, partly due to trade optimism and dovish signals from the Federal Reserve

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