Wall Street gains ground as China shores up its economy ahead of trade talks with the US
By DAMIAN J. TROISE, Associated Press Business Writer
NEW YORK (AP) — Stocks rose on Wall Street Wednesday as China steps up measures to shore up its economy and gears up for trade talks with the U.S.
The S&P 500 index rose 0.4% in morning trading Wednesday. The Dow Jones Industrial Average rose 242 points, or 0.6%, as of 9:59 a.m. Eastern. The Nasdaq composite rose 0.3%.
The Walt Disney Co. soared 9.9% after easily beating analysts’ profit targets, raising its profit f