The main US stock indexes reached the highest historical levels following the statements of President Donald Trump on the agreement with China.
"We have just made a breakthrough in the trade agreement and will sign it shortly," Trump revealed, after stating on December 20 that he had had a "very good conversation" telephone with Chinese President Xi Jinping.
Had a very good talk with President Xi of China concerning our giant Trade Deal. China has already started large scale purchaes of agricultural product & more. Formal signing being arranged. Also talked about North Korea, where we are working with China, & Hong Kong (progress!).RELATED
– Donald J. Trump (@realDonaldTrump) 20 декабря 2019 г.
On December 23 at 4:20 p.m. – New York time – the Dow Jones industrial index rose 0.34% to 28,551.53 points.
The Nasdaq, where high-tech companies are, gained 0.23% and rose to 8,945,648 points; the giant S&P 500 reached 3,224.00 points, with a moderate rise of 0.09%. Also, Nasdaq and S&P 500 updated historical records.
World stock markets continue to support expectations about world trade. The US president previously confirmed that a trade agreement with the Asian giant will soon be signed. For its part, the China Tariffs Committee announced that it will reduce import tariffs on more than 850 items as of January 1, 2020.