treasury spokesman: The blue-chip gauge was up 267 points at its session high, according to Market Watch. The S&P 500 index SPX, 1.32% added 19.86 points, or 0.8%, to 2,635.96 and the Nasdaq Composite Index NQH9, 1.27% gained 49.77 points, or 0.7%, to finish at 7,084.46. How did the benchmarks fare The Dow Jones Industrial Average DJIA, 1.38% erased an earlier loss to rise 162.94 points, or 0.7%, to 24,370.10 in choppy trade. What drove the market U.S. officials are considering lifting some tariffs on Chinese products in an effort to elicit more concessions from China for a bilateral trade deal and to stabilize the financial markets, the Journal reported. A Treasury spokesman said that neither Treasury Secretary Steven Mnuchin nor Lighthizer have made any recommendations to anyone with respect to tariffs or other parts of the negotiation with China. However, the plan faces resistance from U.S. Trade Representative Robert Lighthizer who doesn't want the U.S. to come across as weak, the report said.
(news.financializer.com). As
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