Sue is off tonight. Today stocks moved higher, sharplyigher on a familiar theme, trade. Chinese officials were quoted at sayiy wanted to resolve the current trade conflict in the u. S. In a wacalm manner. Some took it as a sign that the Chinese Government will not retaliate against the latest round of tariffs and the bulls ran with it on wall street. The dow was up 26 points to 26,362. The nasdaq added 116 and s the gained 36. As bob pisani reports, this rally does not have the certainty of some reporter the rally rolls on. Stocks ended yterdays gains ater chinese officials s positive tone for u. S. china trade talks. K man for Chinas Ministry of commerce said they are willing to solve it with a calm attitude. It comes three days before the next round of tariffs are slated to go into eect. That happened before theap a opg be stocks were higher throughout the day. Tradeheavy industrials like boeing and caterpillar were up. Tech names like alibaba were up. These are names withi the cycli
Melissa how would you like to pay more at the pump . We have the new talk about raising the gas tax. What a great idea. Lori i love paying over four dollars a gallon. Washington not the only one that cannot get a deal done. Entering day 76. Its Small Business that is really on then ice. Melissa time now for stocks as we do every 15 minutes. Lauren simonetti. Washington is playing politics over the fiscal cliff. We are near session lows right now. 11 points away from session lows. The dow is clinging onto that level right now. Consumer discretionary is your best performing sector this month. It is lower today, as is technology. The s p 500 trying to hang onto a monthly gain. Not sure if we can do it. Certainly higher for the week and nasdaq higher for the both of them. A twoday chart of yelled is really interesting. They expect fourthquarter sales in china to decline. Lots of analysts cutting this stuff today. Melissa lauren, thank you very much. Lori after laying out his opening bid to