Gold prices bounce off 3-week lows; demand likely longer term
Oct 10 (Reuters) - U.S. stocks rose on Thursday after
President Donald Trump confirmed he would meet Chinese Vice
Premier Liu He on Friday for further trade talks, adding to
optimism following a report that China was willing to reach a
deal.
At 9:56 a.m. ET, the Dow Jones Industrial Average .DJI was
up 152.65 points, or 0.58%, at 26,498.66, while the S&P 500
.SPX was up 16.28 points, or 0.56%, at 2,935.68. The Nasdaq
Composite .IXIC was up 49.44 points, or 0.63%, at 7,953.18.
Trump confirmed the two sides will be meeting again on
Friday. South China Morning Post had reported earlier that the
Chinese delegation, headed by Liu He, planned to leave
Washington on Thursday. Separately, Liu He said Beijing was willing to reach an
agreement with Washington to prevent any further escalation in
the trade war, Chinese state news agency Xinhua reported.
The S&P 500 opened lower by 0.85 points, or 0.03%, at
2,918.55. The Nasdaq Composite gained 0.82 points, or 0.01%, to
7,904.56 at the opening bell. The Dow Jones Industrial Average
fell 28.66 points, or 0.11%, at the open to 26,317.35.