US stocks climb again as China’s economy slows down

The Dow Jones Industrial Average rose about 100 points on Wednesday after President Donald Trump and his administration announced they would begin lifting capital controls to allow U.S. banks to reopen.

The Dow is currently up about 5 percent this year.

The S&P 500 is up about 1 percent.

The Nasdaq is up 1 percent and the Russell 2000 is up 0.3 percent. 

In a news conference, Trump said that he had been talking with Chinese President Xi Jinping about the opening of banks.

“We’re very close to a conclusion,” he said.

Trump, speaking at the White House, also said he would visit China in December to discuss trade and climate change.

China’s economy grew by 6.7 percent last year and has struggled to maintain momentum.

Economists expect China’s economic growth to slow to 6.3 to 7 percent this decade and to be even weaker than that in 2020. 

The Dow and S&amps gained on Wednesday in response to Trump’s announcement.

The index closed up 1.7 points, or 0.7%, to 14,078.99.

The Dow is up nearly 25 percent in the last month, after falling more than 25 percent on Wednesday.

The Standard & Poor’s 500 is down about 7.5 percent.

S&amp is up more than 4 percent this week.

 The Nasdaq Composite is up almost 1 percent, while the Russell 1000 is up 3.2 percent.