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Oct. 4, 2019, 11:46 a.m. EDT

Dow jumps to session high as Trump says 'very good chance' of China trade agreement

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By Mark DeCambre

The Dow Jones Industrial Average hit an intraday peak late-morning Friday after an employment report from Labor Department appeared to fuel hopes for a rate cut at the end of the month and as President Donald Trump suggested that a deal in trade could be achieved between Beijing and Washington. The Dow /zigman2/quotes/210598065/realtime DJIA -0.78% was up 240 points, or 0.9%, at 26,441, the S&P 500 index /zigman2/quotes/210599714/realtime SPX -1.05% climbed 0.9% to 2,937, while the Nasdaq Composite Index /zigman2/quotes/210598365/realtime COMP -1.79% rose 0.9% at 7,944. Speaking to reporters at the White House on Friday before a trip, Trump said there was a "very good chance" that a deal on trade could be struck. Chinese and U.S. officials are expected to meet in Washington on Oct. 10-11 to discuss resolving their longstanding trade differences, with the president suggesting that a deal could be achieved before those meetings.

/zigman2/quotes/210598065/realtime
US : Dow Jones Global
28,992.41
-227.57 -0.78%
Volume: 313.44M
Feb. 21, 2020 5:16p
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/zigman2/quotes/210599714/realtime
US : S&P US
3,337.75
-35.48 -1.05%
Volume: 2.12B
Feb. 21, 2020 5:16p
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/zigman2/quotes/210598365/realtime
US : U.S.: Nasdaq
9,576.59
-174.37 -1.79%
Volume: 2.45M
Feb. 21, 2020 5:16p
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