Caterpillar (CAT) Declares $0.86 Quarterly Dividend; 2.7% Yield

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Wall Street closes up, investors optimistic on China trade

December 12, 2018 7:32 AM EST

By Sinéad Carew

NEW YORK (Reuters) - U.S. stocks closed up on Wednesday afternoon, though well below their session highs as investors pulled back in the last few minutes of trading despite optimism about U.S.-China trade relations and some reassuring signs in British politics.

U.S. President Donald Trump, in an interview with Reuters on Tuesday, said trade talks were under way with China. Traders said China made the first major purchase of U.S. soybeans since Washington and Beijing agreed to a temporary trade truce this month.

Also, Trump said... More