Chinese Imports: Roller-Coaster Ways and Dow Jones

chinese imports: This time, it was the United States saying it would hold off on tariffs of Chinese imports of mobile phones, toys and several other items on holiday shopping lists until Dec. 15, according to The Japan Times. China also said its negotiators had spoken with U.S. officials about the tariffs that President Donald Trump threatened to impose on Sept. 1, and they planned to talk again in the next two weeks. ; The S&P 500 burst higher immediately after the announcements, and it was on pace for one of its best days in months. Stocks tore higher Tuesday, continuing their roller-coaster ways, after the latest turn in the U.S.-China trade war flipped investors back to buying mode. It was up 1.5 percent, as of 11 16 a.m. The Dow Jones Industrial Average rose 390 points, or 1.5 percent, to 26,288, and the Nasdaq composite jumped 1.9 percent. Eastern time and earlier had been up as much as 2.1 percent. (news.financializer.com). As reported in the news.

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