KQED Nightly Business Report July 14, 2024
Summit in japan, the u. S. And china agreed to hold off on levying more tariffs in an effort to get trade talks going again. Prheident trump also said u. S. Would relax restrictions on American Companies sellingts prod to Chinese Telecom giant huawei. As a result, stock got an initial lift. While the gains were more tha halved, it was still a record day. The dow rose 170 points. The nasdaq helped by the chip stocks rose about 85 and the s p 500 climbed 22 to are rd, its sixth so far this year. We have two reports on trade starting with Kayla Tausche in washington. Reporter after a sixweek stan...