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Sept. 11, 2019, 9:34 a.m. EDT

Dow struggles to rise at the open, aims for 6th straight gain on China-U.S. trade optimism

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By Mark DeCambre

U.S. stock indexes on Wednesday fought to climb as the Dow attempted to notch a sixth consecutive advance after China exempted some American goods from coming tariffs, signaling some further easing in tensions between Beijing and Washington on international trade. The Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA -0.95% was flat at 26,900, with a sixth straight gain matching the blue chips longest win streak since the period ended June 10. The S&P 500 index /zigman2/quotes/210599714/realtime SPX -0.39% edged less than a point lower to 2,977, while the Nasdaq Composite Index /zigman2/quotes/210598365/realtime COMP -0.83% advanced less than 0.1% to 8,089. China said Wednesday that higher tariffs wouldn't be levied against some U.S. imports for a year, starting Sept. 17, and that it would review more goods for exemption. Stocks also climbed as yields for the 10-year Treasury rate gained to 1.75%, implying that investors were shifting out of the safety of government bonds in favor of riskier stocks. Bond yields climb as prices fall.

US : Dow Jones Global
-255.68 -0.95%
Volume: 293.61M
Oct. 18, 2019 5:08p
-11.75 -0.39%
Volume: 1.99B
Oct. 18, 2019 5:08p
US : U.S.: Nasdaq
-67.31 -0.83%
Volume: 1.82M
Oct. 18, 2019 5:16p

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