Dow Ignites Meteoric Rally as Market Basks in Trump Trade Deal Rumor

2019-10-13 22:24

The Dow Jones exploded higher on Friday as news broke that the Trump administration and China had struck a partial trade agreement, setting the stage for a potential tariff truce. The stock market went berserk, with rising hopes of a Brexit deal and an impressive Michigan Consumer Sentiment data release adding to Wall Street’s euphoria.

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