Morning report 13 Sept 19: Stocks lurch towards record high as trade tensions ease

US sharemarkets were firmer on Thursday. The US agreed to delay increased tariffs on billions worth of Chinese goods for two weeks after China exempted tariffs on a basket of U.S. imports and promised to buy more U.S. agricultural products. The Dow Jones rose by 45 points or 0.2% after being up 170 points earlier in the session. The S&P500 index rose by 0.3% and the Nasdaq gained 25 points or 0.3%.

 

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