Dow Jones Skyrockets after announcement from Trump and China

Dow Jones joined with as many as 500 points Friday after President Donald Trump announced that he was nearing a trade deal with China. After the president announced "phase one" of a trade deal was completed, the markets went up. Dow Jones closed about 320 points last Friday. (RELATED: & # 39; He Was Shaking & # 39 ;: Trump Mocks Steve Kerr's & # 39; Pandering & # 39; To China) JUST IN: President Trump Announces "Phase One" Trade Agreement With China https : //t.co/aYIcGo5zvO pic.twitter.com/De2t0LOp35 - CBS News (@CBSNews) October 11, 2019 The markets have been in power for the last few months over the president's trade war with the communist power. More than 50 global companies including big names like Apple and Dell withdrew production from China because of concerns about the future economic relationship between the two countries. (RELATED: Trump calls himself 'The Chosen One' to take on China) The trade war had been a significant step back for the Trump administration's historic financial performance. 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Dow Jones Skyrockets after announcement from Trump and China

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