Wall Street trades higher after new tariff exemptions

Friday, 20. September 2019 13:18

Wall Street traded higher in the premarket on Friday, the second day of deputy-level trade talks between the United States and China held in Washington DC.

For now, both China and the US offered goodwill gestures aimed at laying the base for productive talks. US President Donald Trump delayed raising tariffs on some Chinese goods until October 15, and China lifted tariffs on some US products and medicines. In the most recent move, Washington exempted 437 Chinese products from the upcoming tariffs. Investors will also be digesting comments from central bankers during the day.

In early premarket trade, the Dow Jones Industrial Average index was up by 0.16% at 7:15 am ET. The Nasdaq 100 added 0.17%, while the S&P 500 was 0.15% above the flatline.

The euro was flat against the dollar at 7:17 am ET, selling for $1.10395.

Related Links: 
Author:
Breaking the News / TF