(WASHINGTON) JUST IN: #US – #China Deal as #Markets US stocks surge even HIGHER on Friday after ‘Ph ase One’ deal with China news — AS Nasdaq, S&P500 and Dow build on Thursdays according to RT Business #AceFinanceDesk reports

#AceFinanceReport – American markets have been rallying to record highs following the announcement of a preliminary agreement with Beijing to resolve a year-long trade row that saw tariffs on billions of dollars worth of goods imposed by both sides.

Photo Courtesy: RT Business https://t.me/Business_and_finance_News/1733
Business and Finance News, [Dec 13, 2019 at 22:13]

“ NASDAQ closed 0.2 percent ahead on Friday, building on the previous day’s gains of 0.73 percent, while the S&P 500 performed similarly, retaining Thursday’s 0.86 percent jump and gaining slightly again – both remaining at all-time closing highs of 8,734 and 3,168, respectively. The DOW, meanwhile, saw less growth than Thursday’s 220-point leap, but nonetheless closed over 3 points ahead “

The phase one trade deal with Beijing, announced on Friday, will halt a scheduled US tariff hike that was set to take effect later this week, and will see Washington scale back existing levies on certain goods in phases: In return, China agreed to increase its purchases of US agricultural products up to $50 billion.

#AceFinanceDesk reports …………Published: Dec.14: 2019:

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