Stocks Open Higher on Optimism Over Trade Talks
From Dow Jones & Company: 2025-05-07 10:04:00
The stock market rose ahead of the Federal Reserve’s interest-rate decision as Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer plan to meet with Chinese officials to discuss trade. The Dow Jones Industrial Average was up 230 points, S&P 500 up 0.4%, Nasdaq Composite up 0.3%. Markets hope for a resolution to Trump’s tariffs on China with upcoming U.S.-China talks in Switzerland.
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