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Brazilian stocks are rising in New York with optimism about the US-China deal



Sabeshpa
Sabeshp's papers jump after Q3 Balance Sheet published (Photo: Gustavo Cahill / Money Times)

Brazilian stocks rose on Friday (15th) in New York, a holiday in Brazil, following global markets animated by anticipation of a trade deal between United States and China.

White House Economic Adviser Larry Kudlow said late Thursday that the United States and China are joining the trade agreement, citing what he described as very constructive talks with Beijing.

The main stock indexes of Wall Street closed in record levelfueled by new optimism about the potential for easing trade tensions and major capital gains from healthcare companies.

Wall Street
The S&P 500 marks its sixth straight Thanksgiving week, the largest such extension in nearly two years (Photo: REUTERS / Brendan McDermid)

The Dow Jones index rose 0.8% to 28,004.89 points, while the S&P 500 advanced 0.77% to 3,120.46 points. The Nasdaq technology index rose 0.73% to 8,540.83 points.

The S&P 500 marked its sixth straight Thanksgiving week, its biggest extension in nearly two years, as the Dow hit the bar for 28,000 points for the first time.

Germany flags markets Europe
The FTSEurofirst 300 Index rose 0.33% to 1,590.42 points (Photo: Reuters / Alex Domanski)

Europe

European shares announced their sixth straight week of gains after Wall Street's record gains.

The FTSEurofirst 300 index rose 0.33% to 1,590.42 points, while the pan-European STOXX 600 index gained 0.4% to 406.04 points.

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"Europe as a whole is a story of greater optimism about the trade agreement and about it Italy and Spain, who have been performing in the last days below, are advancing better, "said Andrea Finci, chief strategy officer at TS Lombardia.


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