US STOCKS-Tech rally boosts Wall Street after China trade comments

Wall Street’s main indexes surged on Thursday, boosted by technology stocks, as China sounded hopeful on trade negotiations with the United States, lifting investor sentiment that has been dented by growing worries of a recession. China’s commerce ministry said both sides are discussing the next round of talks scheduled in September and hoped U.S. officials could cancel the planned additional tariffs to avoid an escalation. President Donald Trump said in a Fox News radio interview that trade talks were scheduled for Thursday “at a different level,” but did not provide additional details.

source https://finance.yahoo.com/news/us-stocks-tech-rally-boosts-174807974.html?.tsrc=rss

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