New York (AFP)
The main indices of the New York Stock Exchange broke a new record on Monday, despite contradictory signals on the Sino-US trade front.
The Dow Jones Industrial Average, the flagship index of Wall Street, gained 0.11% to finish at 28,036.22 points.
The Nasdaq, with strong technological coloration, appreciated by 0.11%, to 8,549.94 points and the expanded S & P 500 index by 0.05% to 3,122.03 points.
Investors tried on Monday to digest the latest rumors about the trade war between Beijing and Washington.
If there was optimism over the weekend after encouraging words from White House economic adviser Larry Kudlow, the tone has cooled when CNBC, quoting a Chinese government source, said Beijing was more pessimistic about signing an agreement.
China is reported to have expressed disappointment over US President Donald Trump's refusal to support a lifting of punitive tariffs on Chinese imports.
"We can not really talk about solid gains," said Maris Ogg of Tower Bridge Advisors about Monday's records.
"Market players realize that they can not hope much about a trade deal, they are skeptical about what" phase 2 "of the deal could mean," says the expert. .
Donald Trump announced in October that the United States and China were close to a "phase 1" trade agreement, but no official date has yet been confirmed for the signing of such a text.
"The United States has not made any concessions on tariffs, and as a sign of good faith, it is possible that they will not impose the additional tariffs of December 15. But in any case, the Chinese will continue to to drag out, "predicts Ms. Ogg.
According to the expert, the sentiment of the market players was, however, positive overall with the approach of "Black Friday", next Friday, which marks the unofficial launch of purchases for the holiday season in the United States.
In the bond market, the 10-year rate on the US debt was down slightly, standing at 1.814% around 21H25 GMT against 1.831% Friday at the close.
© 2019 AFP