10/11, 5:25 PM (Source: TeleTrader)
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Dow jumps over 450 pts amid US-China talks

The Dow Jones rose over 450 points amid optimistic signals on trade talks between the United States and China in Washington DC. United States President Donald Trump's said "good things" are happening in trade negotiations with China. Later today, he will meet Chinese Vice Premier Liu He at the White House.

China also expressed goodwill and announced it will remove foreign ownership limits in futures, securities, and mutual fund companies in 2020.

The Dow Jones Industrial Average increased 1.83% at 11:39 am ET or 484 points. The Nasdaq 100 gained 1.97 %, while the S&P 500 went up 1.81% at the same time.

The euro was up 0.27% against the dollar changing hands for 1.10409 at 11:39 am ET.

Breaking the News / GA