Wall Street Rallies Amidst US-China Talks
US stocks are on the rise as Wall Street approaches the end of a notably calm week. The S&P 500, Dow Jones, and Nasdaq showed gains, stemming previous losses. Anticipation builds for the US-China meeting in Switzerland, marking their first discussion since the tariff conflict initiated by President Trump.
US stocks are gradually climbing as Wall Street nears the conclusion of an unusually serene week, with the S&P 500 experiencing a 0.4% increase in early Friday trading.
This uptick puts the benchmark index on course to recover its minor weekly losses after enduring a period of intense volatility. The Dow Jones Industrial Average gained 120 points, while the Nasdaq composite rose by 0.6%.
The highlight event of the week is set for Saturday when the US and Chinese officials will convene in Switzerland for their initial discussions since President Donald Trump instigated his wave of tariffs targeting America's trade allies.
(With inputs from agencies.)
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