Huawei can continue selling to U.S. suppliers -- for now
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| | 8/19/2019 | |
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Positive China News Helps Stocks Rise | By Josh Selway | | The Dow rallied today thanks to upbeat news around the U.S.-China relationship. The tech sector got a spark from news that the Trump administration is extending Huawei's license to do business with U.S. suppliers, and traders also cheered interest rate reform out of China. Rebounding Treasury yields also lifted sentiment on Wall Street. The winning session marks a third straight for the Dow and S&P, while the Nasdaq's win streak is still just at two -- though sentiment data suggests stocks could keep rebounding from last week's sell-off. Continue reading for more on today's market, including: | >> Continue reading... | |
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