Wall Street rose on Wednesday, boosted by Apple Inc after the launch of its late...
The gains took Apple’s market valuation above $1 trillion and lifted the wider technology sector .SPLRCT by 0.78%, the biggest boost among the 11 major S&P 500 sectors.
Adding to the positive momentum, China’s finance ministry moved to exempt 16 types of U.S. goods, including lubricants and some animal feed ingredients, from additional retaliatory tariffs, ahead of a planned meeting between trade negotiators. “There’s a big difference between today’s move and sitting down at the negotiating table and actually ironing out a deal.”
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