Less Chance Of Dim Sum: Stocks Jump On Positive Chinese Chat


U.S. financial markets were on the rise Thursday on word that the People’s Republic of China noted improved trade negotiations with the Trump Administration were possible, ahead of new talks scheduled for next month.

Tech stocks for companies subject to trade tariffs rose, with Apple and Microsoft each up.

In the media sector, CBS was up 1.5%, to $42.36. Entercom gained 2%, to $3.53.

Also up: iHeartMedia, rising 3.6% to $13.72.