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Stocks appear to continue to increase trade optimism



U. S. Shares point to another upward trend as the fog surrounding the US-China trade war appears to be rising.

The two sides have softened their attitude in recent days.

Dow Industrial futures gain 0.2 percent, S&P 500 futures add the same and Nasdaq futures increase 0.3 percent.

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Investors drew encouragement from China's decision to exclude some US products from a recent round of tariffs.

As a gesture of "benevolence," President Trump said on Twitter Wednesday that the United States agreed to a two-week delay in a planned increase in tariffs for some Chinese imports.

The traits may indicate that both sides are content with an extended conflict even as they prepare for talks in Washington aimed at ending the dispute that threatens global economic growth.

On Wednesday, the S&P 500 rose 0.7 percent, the first time it has finished over 3,000 points since July 30. The Dow Jones Industrial Average gained 0.8 percent, while the Nasdaq picked up 1

.1 percent.

Ticker Security Last Change % Chg
In: DJI DOW JONES AVERAGES [19659016] 27137.04 +227.61 + 0.85%
SP500 S&P 500 3000.93 +21.54 + 0.72%
I: COMP NASDAQ COMPOS 8169.678346 +85.52 + 1.06%

In Asia on Thursday, Japan's Nikkei gained 1.1 percent, Hong Kong's Hang Seng index slid 0.2 percent and China's Shanghai Composite picked up 0.2 percent.

Expectations are that the European Central Bank will launch a new wave of monetary easing by global central banks on Thursday morning.

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Investors still expect the Federal Reserve to cut interest rates at its meeting next week in another tender from the central bank to help sustain US economic growth.

The Fed raised the reference rate in July by a quarter. It was the first hike in ten years.

The Associated Press contributed to this article.


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