New York (AFP)

On Wall Street, the Dow Jones, Nasdaq and S & P 500 ended Friday at unprecedented levels, after a week marked by renewed optimism on the Sino-US trade front.

The Dow Jones, the flagship index of the New York Stock Exchange, has grapple 0.02% to 27,681.24 points.

The Nasdaq, with strong technological color, it, gained 0.48%, to 8.475,31 points, and the S & P 500 0.26%, to 3,093.08 points.

Over the week as a whole, the Dow Jones rose 1.2%, the Nasdaq 1.1% and the S & P 500 0.8%.

For the Nasdaq, this is the sixth week of consecutive increase, the index having risen 27.7% since the beginning of the year.

The New York place had however retreated Friday early in the session after statements by Donald Trump, who said he opposed a total elimination of additional tariffs on hundreds of billions of dollars worth of Chinese goods.

The US president also assured that any deal with China would be signed on US soil, evoking the state of Iowa as a possible venue.

But the indices erased their losses and ended the week in the green, the market remaining convinced that progress has been made to resolve the trade dispute between the world's two largest economies.

On Thursday, a spokesman for the Chinese Ministry of Commerce ensured that the tariffs imposed by Beijing and Washington would be gradually lifted.

"There will be several key events and data release next week, but the market's attention should always be dominated by developments around the Sino-US talks," predicts LBBW's Karl Haeling.

According to the expert, the financial actors will scrutinize three elements: the possible divisions within the White House on the commercial file, the way in which Beijing and Washington respectively describe the progress of the talks and the strategies used by the negotiators.

Among stocks, Disney, a member of the Dow Jones, climbed 3.76% after publishing Thursday after the close of quarterly results better than expected.

Bob Iger, the group's CEO, also announced that it has entered into a distribution agreement with Amazon to have its new Disney + streaming platform present on "Fire TV" devices.

In the bond market, the 10-year rate on US debt continued its strong progress started Thursday. Around 9:25 pm GMT, it stood at 1,940%, against 1,917% the day before closing.

© 2019 AFP