New York (AFP)
The New York Stock Exchange advanced at the opening Friday, encouraged by statements by US President Donald Trump, who said he was optimistic about the imminent signing of a trade deal with China.
Around 15:10 GMT, the Dow Jones Industrial Average, the flagship index on Wall Street, rose 0.29% to 27,847.27 points.
The Nasdaq, with strong technological coloration, took 0.17%, to 8.521,00 points and the broad index S & P 500 gained 0.23% to 3.110,60 points.
Wall Street had retreated Thursday, not reassured by the commercial situation despite positive signals sent by Beijing: the Dow had lost 0.20% and the Nasdaq had yielded 0.24%.
Donald Trump estimated Friday that the United States and China were able to conclude a trade agreement soon
"In general, the market is rather confident that an agreement, even at the very least, will be signed or that, even if there is no agreement, Donald Trump will not impose additional tariffs (on Chinese products, Ed) December 15, "notes Karl Haeling of LBBW.
Earlier Friday, however, Chinese President Xi Jinping assured that his country was ready to respond to the next US bursts.
Several analysts also believed that the differences between the first two world powers remained important before reaching a preliminary agreement.
"The United States wants to make the rules of the game more equitable, while China wants the two parties to make concessions of the same order.This second option is not possible when one of the two parties (China, Ed) "starts with almost all the benefits," Judge Chris Low of FHN Financial.
Market participants also digested figures on the growth of private sector activity in the euro area, which stalled in November, according to IHS Markit.
In the bond market, the 10-year US debt rate was almost stable at 1.774%.
© 2019 AFP