NEW YORK | Markets Right Now: US stocks climb in midday trading

3Dec - by Editor - 0 - In STL.News



NEW YORK — The latest on developments in financial markets (all times local):

11:45 a.m.

Stocks moved higher in midday trading after the U.S. and China agreed to a 90-day truce in their escalating trade dispute.

Technology and energy companies rose Monday following gains in overseas markets as investors welcomed news of the temporary stand-down.

Advanced Micro Devices, a chipmaker, jumped 8.9 percent.

The price of oil rallied 2.4 percent to just over $52 a barrel after the Canadian province of Alberta announced a large cut in production.

Continue reading NEW YORK | Markets Right Now: US stocks climb in midday trading at STL.News.



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