Dow Jumps 425 Points On Trade Hopes

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The Dow Jones Industrial Average on Thursday shot up 400 points, or 1.6 percent, to 26,780 following an announcement that the U.S. and China would renew trade talks in October.

China announced Thursday that negotiations would pick up in Washington next month following mid-level discussions in September — a sign of life for the derailed discussions.

Trump administration officials had said a deal was close earlier this year, but the trade war ramped up after they reached an impasse in May.

Read more at The Hill.

{Matzav.com}

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