OANDAU.S. stocks opened strongly on Friday, as investors expected top-level trade talks between the United States and China to result in a partial trade deal and delay planned U.S. tariff increases.
The Dow Jones Industrial Average .DJI rose 197.53 points, or 0.75%, at the open to 26,694.20.
The S&P 500 .SPX opened higher by 24.94 points, or 0.85%, at 2,963.07. The Nasdaq Composite .IXIC gained 96.56 points, or 1.21%, to 8,047.34 at the opening bell.
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European stocks closed lower on Thursday on concerns the Federal Reserve might not reduce interest rates more than one time this year despite soft consumer price and producer price inflation data.
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Asian stocks drifted lower on Wednesday as investors awaited key U.S. inflation data as well as a Federal Reserve policy decision later in the day for additional clues on the outlook for interest rates.
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