Major U.S. stock-indexes higher on Tuesday after weak economic data out of China bolstered hopes of more stimulus measures from the Chinese government. China's imports shrank far more than expected in August, falling for the 10th straight month. Imports fell 13.8% from a year earlier, more than the 8.2% drop economists had expected. However, Chinese stocks rose nearly 3% on Tuesday as a surge in late-afternoon buying helped erase early losses. Late on Monday, China said it would remove tax on dividend incomes for investors who hold stocks for more than a year in an effort to encourage longer-term investment.
All Dow stocks in positive area (30 of 30). Top gainer - General Electric Company (GE, +2.83).
All S&P index sectors also in positive area. Top gainer - Technology (+2,0%).
At the moment:
Dow 16348.00 +229.00 +1.42%
S&P 500 1948.75 +27.00 +1.40%
Nasdaq 100 4260.50 +66.50 +1.59%
10 Year yield 2,18% +0,05
Oil 46.22 +0.17 +0.37%
Gold 1122.50 +1.10 +0.10%
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