Markets Right Now: Stocks rise on trade talk hopes

NEW YORK — The latest on developments in financial markets (all times local):

9:45 a.m.

Stocks are rising early on Wall Street Thursday on further signs of easing tensions in the U.S.-China trade war.

President Donald Trump late Wednesday decided to delay a planned Oct. 1 tariff hike on Chinese imports. Chinese importers have made inquiries on prices of certain U.S. farm goods, a move also seen as a goodwill gesture ahead of upcoming negotiations.

The S&P 500 gained 10 points, or 0.4%, to 3,011.

The Dow Jones industrials rose 43 points, or 0.2%, to 27,180. The Nasdaq was up 41 points, or 0.5%, to 8,210.

Bond prices rose. The European Central Bank cut one interest rate further below zero, making U.S. Treasurys appealing to investors looking for a positive return. The yield on the 10-year Treasury fell to 1.71% from 1.73% a day earlier.

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