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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 +2.05% 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 +1.36% edged less than a point lower to 2,977, while the Nasdaq Composite Index /zigman2/quotes/210598365/realtime COMP +0.78% 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.

/zigman2/quotes/210598065/realtime
US : Dow Jones Global
26,269.89
+527.24 +2.05%
Volume: 401.27M
June 3, 2020 5:18p
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/zigman2/quotes/210599714/realtime
US : S&P US
3,122.87
+42.05 +1.36%
Volume: 3.16B
June 3, 2020 5:18p
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/zigman2/quotes/210598365/realtime
US : U.S.: Nasdaq
9,682.91
+74.54 +0.78%
Volume: 4.23M
June 3, 2020 5:16p
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