NY market price rises sharply China "Agreed to reduce tariffs" November 8 032

In the New York Stock Market on the 7th, buying orders gathered and China's Dow average share price rose significantly after China announced that it had agreed to a gradual tariff reduction over US-China trade negotiations. The transaction began.

On this day, a spokesman for the Chinese Ministry of Commerce over trade negotiations between the United States and China said that the US side has agreed to gradually reduce tariffs in line with the progress of the discussions, so the future is safe. The feeling spreads and purchase orders are gathered right after the start of trading.

Although it was the Dow average stock price, which was a slight decline the previous day, it is a momentum to update the highest price again.

However, the Chinese side said at the conference that `` U.S. tariff reduction is the premise of the agreement '', and market officials said `` Attention is being focused on how the US government will respond after this '' The