Morning Report 12 Sep 19: US stocks end at session highs boosted by trade reprieve

 

US sharemarkets were firmer on Wednesday. Investors were encouraged by China announcing tariff exemptions on US goods. Shares in Apple rose by 3.2% after the tech giant unveiled new products on Tuesday. US President Trump called on the Federal Reserve to slash rates into negative territory. The Dow Jones rose by 228 points or 0.9% and ended trade at session highs. The S&P500 index rose by 0.7% and the Nasdaq gained 85.5 points or 1.1%

 

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