{"id":116801,"date":"2019-03-29T20:16:58","date_gmt":"2019-03-29T20:16:58","guid":{"rendered":"https:\/\/www.bnreport.com\/trade-optimism-pulls-wall-street-higher-on-final-day-of-quarter\/"},"modified":"2019-03-29T20:16:58","modified_gmt":"2019-03-29T20:16:58","slug":"trade-optimism-pulls-wall-street-higher-on-final-day-of-quarter","status":"publish","type":"post","link":"https:\/\/www.bnreport.com\/en\/trade-optimism-pulls-wall-street-higher-on-final-day-of-quarter\/","title":{"rendered":"Trade optimism pulls Wall Street higher on final day of quarter"},"content":{"rendered":"<p><a href=\"https:\/\/economictimes.indiatimes.com\/topic\/US-stocks\" rel=\"noreferrer noopener\" target=\"_blank\">US stocks<\/a> rose on Friday, with the S&amp;P 500 set to post its best quarterly performance in more than nine years, boosted by optimism over the latest round of trade negotiations between the United States and China.<\/p>\n<p>Treasury Secretary Steven Mnuchin said U.S. held &quot;constructive&quot; talks in Beijing, while Chinese state news agency reported the two sides discussed &quot;relevant agreement documents&quot; and made new progress.<\/p>\n<p>A Chinese delegation led by Vice Premier Liu He will head to Washington next week for another round of talks.<\/p>\n<p>&quot;The conclusion of U.S.-China trade talks on the surface, is being taken as a positive step towards a meaningful deal,&quot; said Peter Cecchini, managing director and chief market strategist at Cantor Fitzgerald in New York.<\/p>\n<p>Trade-sensitive industrials rose 0.65 percent and chipmakers, which have a large revenue exposure to China, also gained, with the Philadelphia chip index up 1.13 percent.<\/p>\n<p>The broader technology sector inched 0.46 percent higher.<\/p>\n<p>&quot;It&#039;s the end of the quarter and the first quarter looks like it&#039;s one of the best in years, even on the back of muted or mixed economic data,&quot; said Michael Antonelli, market strategist at Robert W. Baird in Milwaukee.<\/p>\n<p>The benchmark index has risen 12.6 percent so far this quarter, its best quarterly performance since September 2009.<\/p>\n<p>Growth fears were triggered last week when the Federal Reserve abandoned projections for interest rate hikes in 2019 and the U.S. Treasury <a href=\"https:\/\/economictimes.indiatimes.com\/topic\/yield-curve\" rel=\"noreferrer noopener\" target=\"_blank\">yield curve<\/a> inverted for the first time since 2007, a historical indication of recession.<\/p>\n<p>However, the yield curve between three-month bills and 10-year notes turned slightly positive on Friday, after remaining inverted for a week, helping financials rise 0.13 percent.<\/p>\n<p>At 10:59 a.m. ET the Dow Jones Industrial Average was up 89.47 points, or 0.35 percent, at 25,806.93. The S&amp;P 500 was up 6.82 points, or 0.24 percent, at 2,822.26 and the Nasdaq Composite was up 26.86 points, or 0.35 percent, at 7,696.03.<\/p>\n<p>Latest data showed U.S. consumer spending barely rose in January and income increased modestly in February, suggesting the economy was fast losing momentum after growth slowed in the fourth quarter.<\/p>\n<p>Ride-hailing startup <a href=\"https:\/\/economictimes.indiatimes.com\/topic\/Lyft\" rel=\"noreferrer noopener\" target=\"_blank\">Lyft<\/a> Inc is set to make its debut on the Nasdaq after the company raised $2.34 bill<a href=\"https:\/\/economictimes.indiatimes.com\/markets\/stocks\/news\/trade-optimism-pulls-wall-street-higher-on-final-day-of-quarter\/articleshow\/68636029.cms\" rel=\"noreferrer noopener\" target=\"_blank\"><strong>Read More \u2013 Source<\/strong><\/a><br \/>\n[contf]<br \/>\n[contfnew]<br \/>\n        <img decoding=\"async\" src=\"https:\/\/img.etimg.com\/photo\/60278104.cms\"\/><\/p>\n<h5><a href=\"https:\/\/economictimes.indiatimes.com\/\" rel=\"noreferrer noopener\" target=\"_blank\">ET Markets<\/a><\/h5>\n<p>[contfnewc]<br \/>\n[contfnewc]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>US stocks rose on Friday, with the S&amp;P 500 set to post its b..<\/p>\n","protected":false},"author":1,"featured_media":116802,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[202],"tags":[],"class_list":["post-116801","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Trade optimism pulls Wall Street higher on final day of quarter - Business News Report<\/title>\n<meta name=\"description\" content=\"US stocks rose on Friday, with the S&amp;P 500 set to post its b..\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.bnreport.com\/en\/trade-optimism-pulls-wall-street-higher-on-final-day-of-quarter\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Trade optimism pulls Wall Street higher on final day of quarter - Business News Report\" \/>\n<meta property=\"og:description\" content=\"US stocks rose on Friday, with the S&amp;P 500 set to post its b..\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.bnreport.com\/en\/trade-optimism-pulls-wall-street-higher-on-final-day-of-quarter\/\" \/>\n<meta property=\"og:site_name\" content=\"Business News Report\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Business-NewsReport-328225811095934\/\" \/>\n<meta property=\"article:published_time\" content=\"2019-03-29T20:16:58+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.bnreport.com\/wp-content\/uploads\/2019\/03\/photo-5-3.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1070\" \/>\n\t<meta property=\"og:image:height\" content=\"580\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"infopal11\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@BNReport\" \/>\n<meta name=\"twitter:site\" content=\"@BNReport\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"infopal11\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/trade-optimism-pulls-wall-street-higher-on-final-day-of-quarter\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/trade-optimism-pulls-wall-street-higher-on-final-day-of-quarter\\\/\"},\"author\":{\"name\":\"infopal11\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#\\\/schema\\\/person\\\/19d1c5a2dd7f60584a09de4a7805d68f\"},\"headline\":\"Trade optimism pulls Wall Street higher on final day of quarter\",\"datePublished\":\"2019-03-29T20:16:58+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/trade-optimism-pulls-wall-street-higher-on-final-day-of-quarter\\\/\"},\"wordCount\":384,\"publisher\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/trade-optimism-pulls-wall-street-higher-on-final-day-of-quarter\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2019\\\/03\\\/photo-5-3.jpg\",\"articleSection\":[\"Finance\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/trade-optimism-pulls-wall-street-higher-on-final-day-of-quarter\\\/\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/trade-optimism-pulls-wall-street-higher-on-final-day-of-quarter\\\/\",\"name\":\"Trade optimism pulls Wall Street higher on final day of quarter - Business News Report\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/trade-optimism-pulls-wall-street-higher-on-final-day-of-quarter\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/trade-optimism-pulls-wall-street-higher-on-final-day-of-quarter\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2019\\\/03\\\/photo-5-3.jpg\",\"datePublished\":\"2019-03-29T20:16:58+00:00\",\"description\":\"US stocks rose on Friday, with the S&amp;P 500 set to post its b..\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/trade-optimism-pulls-wall-street-higher-on-final-day-of-quarter\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.bnreport.com\\\/en\\\/trade-optimism-pulls-wall-street-higher-on-final-day-of-quarter\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/trade-optimism-pulls-wall-street-higher-on-final-day-of-quarter\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2019\\\/03\\\/photo-5-3.jpg\",\"contentUrl\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2019\\\/03\\\/photo-5-3.jpg\",\"width\":1070,\"height\":580},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/trade-optimism-pulls-wall-street-higher-on-final-day-of-quarter\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"\u0627\u0644\u0631\u0626\u064a\u0633\u064a\u0629\",\"item\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Trade optimism pulls Wall Street higher on final day of quarter\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#website\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/\",\"name\":\"Business News Report\",\"description\":\"Latest News on the World of Politics &amp; Business\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#organization\",\"name\":\"\u0628\u0632\u0646\u0633 \u0631\u064a\u0628\u0648\u0631\u062a \u0627\u0644\u0627\u062e\u0628\u0627\u0631\u064a\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2020\\\/12\\\/LOGO2.png\",\"contentUrl\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2020\\\/12\\\/LOGO2.png\",\"width\":200,\"height\":50,\"caption\":\"\u0628\u0632\u0646\u0633 \u0631\u064a\u0628\u0648\u0631\u062a \u0627\u0644\u0627\u062e\u0628\u0627\u0631\u064a\"},\"image\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/Business-NewsReport-328225811095934\\\/\",\"https:\\\/\\\/x.com\\\/BNReport\",\"https:\\\/\\\/www.instagram.com\\\/business.newsreport\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#\\\/schema\\\/person\\\/19d1c5a2dd7f60584a09de4a7805d68f\",\"name\":\"infopal11\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/author\\\/infopal11\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Trade optimism pulls Wall Street higher on final day of quarter - Business News Report","description":"US stocks rose on Friday, with the S&amp;P 500 set to post its b..","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.bnreport.com\/en\/trade-optimism-pulls-wall-street-higher-on-final-day-of-quarter\/","og_locale":"en_US","og_type":"article","og_title":"Trade optimism pulls Wall Street higher on final day of quarter - Business News Report","og_description":"US stocks rose on Friday, with the S&amp;P 500 set to post its b..","og_url":"https:\/\/www.bnreport.com\/en\/trade-optimism-pulls-wall-street-higher-on-final-day-of-quarter\/","og_site_name":"Business News Report","article_publisher":"https:\/\/www.facebook.com\/Business-NewsReport-328225811095934\/","article_published_time":"2019-03-29T20:16:58+00:00","og_image":[{"width":1070,"height":580,"url":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2019\/03\/photo-5-3.jpg","type":"image\/jpeg"}],"author":"infopal11","twitter_card":"summary_large_image","twitter_creator":"@BNReport","twitter_site":"@BNReport","twitter_misc":{"Written by":"infopal11","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.bnreport.com\/en\/trade-optimism-pulls-wall-street-higher-on-final-day-of-quarter\/#article","isPartOf":{"@id":"https:\/\/www.bnreport.com\/en\/trade-optimism-pulls-wall-street-higher-on-final-day-of-quarter\/"},"author":{"name":"infopal11","@id":"https:\/\/www.bnreport.com\/en\/#\/schema\/person\/19d1c5a2dd7f60584a09de4a7805d68f"},"headline":"Trade optimism pulls Wall Street higher on final day of quarter","datePublished":"2019-03-29T20:16:58+00:00","mainEntityOfPage":{"@id":"https:\/\/www.bnreport.com\/en\/trade-optimism-pulls-wall-street-higher-on-final-day-of-quarter\/"},"wordCount":384,"publisher":{"@id":"https:\/\/www.bnreport.com\/en\/#organization"},"image":{"@id":"https:\/\/www.bnreport.com\/en\/trade-optimism-pulls-wall-street-higher-on-final-day-of-quarter\/#primaryimage"},"thumbnailUrl":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2019\/03\/photo-5-3.jpg","articleSection":["Finance"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.bnreport.com\/en\/trade-optimism-pulls-wall-street-higher-on-final-day-of-quarter\/","url":"https:\/\/www.bnreport.com\/en\/trade-optimism-pulls-wall-street-higher-on-final-day-of-quarter\/","name":"Trade optimism pulls Wall Street higher on final day of quarter - Business News Report","isPartOf":{"@id":"https:\/\/www.bnreport.com\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.bnreport.com\/en\/trade-optimism-pulls-wall-street-higher-on-final-day-of-quarter\/#primaryimage"},"image":{"@id":"https:\/\/www.bnreport.com\/en\/trade-optimism-pulls-wall-street-higher-on-final-day-of-quarter\/#primaryimage"},"thumbnailUrl":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2019\/03\/photo-5-3.jpg","datePublished":"2019-03-29T20:16:58+00:00","description":"US stocks rose on Friday, with the S&amp;P 500 set to post its b..","breadcrumb":{"@id":"https:\/\/www.bnreport.com\/en\/trade-optimism-pulls-wall-street-higher-on-final-day-of-quarter\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.bnreport.com\/en\/trade-optimism-pulls-wall-street-higher-on-final-day-of-quarter\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.bnreport.com\/en\/trade-optimism-pulls-wall-street-higher-on-final-day-of-quarter\/#primaryimage","url":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2019\/03\/photo-5-3.jpg","contentUrl":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2019\/03\/photo-5-3.jpg","width":1070,"height":580},{"@type":"BreadcrumbList","@id":"https:\/\/www.bnreport.com\/en\/trade-optimism-pulls-wall-street-higher-on-final-day-of-quarter\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"\u0627\u0644\u0631\u0626\u064a\u0633\u064a\u0629","item":"https:\/\/www.bnreport.com\/en\/"},{"@type":"ListItem","position":2,"name":"Trade optimism pulls Wall Street higher on final day of quarter"}]},{"@type":"WebSite","@id":"https:\/\/www.bnreport.com\/en\/#website","url":"https:\/\/www.bnreport.com\/en\/","name":"Business News Report","description":"Latest News on the World of Politics &amp; Business","publisher":{"@id":"https:\/\/www.bnreport.com\/en\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.bnreport.com\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.bnreport.com\/en\/#organization","name":"\u0628\u0632\u0646\u0633 \u0631\u064a\u0628\u0648\u0631\u062a \u0627\u0644\u0627\u062e\u0628\u0627\u0631\u064a","url":"https:\/\/www.bnreport.com\/en\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.bnreport.com\/en\/#\/schema\/logo\/image\/","url":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2020\/12\/LOGO2.png","contentUrl":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2020\/12\/LOGO2.png","width":200,"height":50,"caption":"\u0628\u0632\u0646\u0633 \u0631\u064a\u0628\u0648\u0631\u062a \u0627\u0644\u0627\u062e\u0628\u0627\u0631\u064a"},"image":{"@id":"https:\/\/www.bnreport.com\/en\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/Business-NewsReport-328225811095934\/","https:\/\/x.com\/BNReport","https:\/\/www.instagram.com\/business.newsreport"]},{"@type":"Person","@id":"https:\/\/www.bnreport.com\/en\/#\/schema\/person\/19d1c5a2dd7f60584a09de4a7805d68f","name":"infopal11","url":"https:\/\/www.bnreport.com\/en\/author\/infopal11\/"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/posts\/116801","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/comments?post=116801"}],"version-history":[{"count":0,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/posts\/116801\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/media\/116802"}],"wp:attachment":[{"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/media?parent=116801"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/categories?post=116801"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/tags?post=116801"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}