U.S. stocks set to climb as China trade deal gets closer and Conservatives take U.K. election

MarketWatch | 12/13/2019 | Barbara Kollmeyer
Emzah92Emzah92 (Posted by) Level 3
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Stock futures climbed Friday, as two major geopolitical uncertainties appeared to lift for investors, with movement on U.S.-China trade progress and a decisive election in the U.K. that may clear a path for Brexit.

How are benchmarks performing?

Dow - Jones - Industrial - Average - Futures

Dow Jones Industrial Average futures YMZ19, +0.53% climbed 129 points, or 0.5%, to 28,257, while S&P 500 futures ESZ19, +0.47% rose 12.75 points, or 0.4%, to 3,180.75.

On Thursday, the Dow DJIA, +0.79% closed 220.75 points, or 0.8% higher, at 28,132.05, just shy of a new all-time high. The S&P 500 index SPX, +0.86% gained 0.9% to close at 3,168.58, and the Nasdaq Composite Index COMP, +0.73% added 0.7% to 8,717.32, both new records.

Week - Dow - % - S - P

For the week, the Dow is set to gain 0.4%, while the S&P and Nasdaq are poised for gains of 0.7% each.

Stocks climbed Thursday after President Donald Trump first said on Twitter that the U.S. and China were nearing a “big deal” that could avoid fresh tariffs, planned to go in effect Dec. 15, and potentially roll back some existing...
(Excerpt) Read more at: MarketWatch
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