dow jones: Traders have been buoyed by the pending phase-one trade deal between the U.S. and China, which announced Monday plans to open its oil, telecom and power markets wider to private competitors, according to Market Watch. On Tuesday, leaders from China, Japan and South Korea were meeting against the backdrop of increasing threats from North Korea's nuclear and missile programs. The Dow Jones Industrial Average DJIA, -0.13% and S&P 500 SPX, -0.02% closed at record highs for a third consecutive day, while the Nasdaq Composite COMP, 0.08% notched a record ninth-straight record close. The trilateral summit aims to smooth some regional frictions, and discuss furthering regional cooperation on the economy. Many global markets will be closed Wednesday for the Christmas holiday. Japan's Nikkei NIK, 0.60% was about flat and Hong Kong's Hang Seng Index HSI, -0.15% fell 0.2%. The Shanghai Composite SHCOMP, 0.85% advanced 0.3% while the Shenzhen Composite 399106, 0.72% rose 0.7%. South Korea's Kospi 180721, 0.36% fell 0.5%, while stocks inched up in Singapore STI, -0.04% but fell slightly in Taiwan Y9999, -0.06% . Australia's S&P/ASX 200 XJO, 0.13% rose 0.2%. Markets in Australia and Hong Kong were set to close early for Christmas Eve.
(news.financializer.com). As
reported in the news.
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