p gspc: The Dow DJI rose 1.75%, or 444.33 points, while the Nasdaq IXIC rose 0.61%, or 45.46 points on Friday, according to Xinhua China. The Dow and the Nasdaq each logged an eighth consecutive week of gains, while the S&P 500 ended higher for a third straight week. The S&P 500 GSPC rose 1.09%, or 29.86 points, as of market close and ended the week 2.5% higher. Positive trade headlines helped provide a boost to equities. Both sides are trying to reach a deal before the rate on tariffs on billions of dollars-worth of Chinese goods is set to increase March 2. According to China's Xinhua News Agency, Chinese President Xi Jinping said that U.S.-China trade negotiations will continue in Washington next week following a round of discussions in Beijing this week, which involved U.S. Treasury Secretary Steven Mnuchin and Trade Representative Robert Lighthizer.
(news.financializer.com). As
reported in the news.
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