Market

US Stock Markets Surge as China Signals Willingness for Trade Talks with Washington

Market Optimism Rises with China's Trade Talk Signals

Following indications from China about its interest in initiating a dialogue with the United States regarding trade issues, major US stock markets experienced a significant uptick at the opening on Friday.

Notable Gains Across Major Indexes

The Dow Jones Industrial Average saw an increase of 1.03%, equivalent to 402 points, with Nvidia Corporation leading the charge by soaring 2.45% by 9:31 am ET. Similarly, the Nasdaq 100 and the S&P 500 recorded growths of 1.00% and 1.05% respectively. DexCom Inc. emerged as the top performer on the latter two indexes, with a remarkable jump of 7.99% at 9:32 am ET.

Euro Strengthens Against the Dollar

In currency markets, the euro appreciated by 0.54% against the dollar at 9:29 am ET, trading at 1.13504$.