United States  

Trusted News Discovery Since 2008
One News Page
One News Page United States > News Videos > Wall Street > Wall Street rebounds on trade hopes

Wall Street rebounds on trade hopes

Video Credit: Reuters Studio - Duration: 01:11s - Published < > Embed
Wall Street rebounds on trade hopes

Wall Street rebounds on trade hopes

Wall Street bounced back Wednesday on investor optimism for an interim trade deal with China.

Fred Katayama reports.

0
shares
ShareTweetSavePostSend
 

Wall Street rebounds on trade hopes

Stocks on Wall Street rose for the first time in four sessions Wednesday.

Spurring them higher: President Donald Trump's remarks that trade talks with China were going "very well." Energy stocks led the broad-based rally, pushing the S&P 500 up more than half percent.

Edward Jones investment strategist, Nela Richardson: SOUNDBITE: EDWARD JONES INVESTMENT STRATEGIST, NELA RICHARDSON (ENGLISH) SAYING: "Investors should expect more volatility.

So more of the same next year.

It doesn't wash away with an interim deal or a tweet or a change in rhetoric.

What investors should look for is actual change in actions like a removal or roll back of the existing tariffs and no new tariffs." Shares of online travel agency Expedia among the biggest gainers on the S&P 500.

Its CEO and finance head resigned after clashing with the board over strategy.

Johnson & Johnson helped lift the Dow.

The drug maker said recent tests showed its Baby Powder was free of asbestos.

Earlier this year, the FDA reported trace amounts of the material in the product.

Shares of Alphabet rallied.

Google CEO Sundar Pichai will immediately take over as CEO of the parent company now that Larry Page and Sergey Brin are stepping aside.




You Might Like


Tweets about this


Recent related videos from verified sources

Small pre-holiday moves on Wall Street [Video]Small pre-holiday moves on Wall Street

Stocks didn't move far on Friday as coronavirus fears encouraged investors not to make any big moves ahead of a long holiday weekend. Conway G. Gittens has the wrap.

Credit: Reuters Studio     Duration: 01:52Published

A dip on Wall Street as coronavirus fears strike [Video]A dip on Wall Street as coronavirus fears strike

Wall Street finished lower on Thursday as investors took a cautious stance after a spike in the number of new coronavirus cases and deaths in China. Conway G. Gittens has the recap.

Credit: Rumble     Duration: 01:51Published

Environmentally friendly: One News Page is hosted on servers powered solely by renewable energy
© 2020 One News Page Ltd. All Rights Reserved.
About us  |  Contact us  |  Disclaimer  |  Press Room  |  Terms & Conditions  |  Content Accreditation
 RSS  |  News for my Website  |  Free news search widget  |  In the News  |  DMCA / Content Removal  |  Privacy & Data Protection Policy
How are we doing? FeedbackSend us your feedback  |   LIKE us on Facebook   FOLLOW us on Twitter  •  FOLLOW us on Pinterest
One News® is a registered trademark of One News Page Ltd.