Dow soars over 350 pts on trade optimism

Friday, 11. October 2019 16:44

Shares on Wall Street extended gains on Friday after United States President Donald Trump's remark that "good things" are happening in trade negotiations with China. Trump is set to meet Chinese Vice Premier Liu He later in the day.

The Dow Jones Industrial Average surged 1.44% at 10:47 am ET, or 381 points. Dow Inc. and Caterpillar were biggest gainers. The Nasdaq 100 increased 1.68% with Fastenal rocketing over 16%, while the S&P 500 grew 1.49% at the same time.

The euro was up 0.27% to 1.10352 against the dollar at 10:47 am ET.

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