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BUSINESS Tuesday 28 augusT 2018
A25

Stocks rise as US, Mexico announce preliminary trade deal

By MARLEY JAY have been disclosed, in-
Associated Press vestors were encouraged
NEW YORK (AP) — Stocks that the countries are work-
in the U.S. and overseas ing toward a resolution and
are higher Monday af- avoiding big disruptions in
ter the White House said it global trade, as that could
has reached a preliminary have impaired their eco-
agreement with Mexico on nomic growth.
replacing the NAFTA trade Exporters rallied, and so did
deal. companies that are most
The deal is far from final likely to benefit from faster
and the U.S. still needs to economic growth.q
reach an understanding
with Canada, the third
party in the accord and
the second-largest trading
partner of the U.S.
Automakers, which would
stand to benefit from warm- Divi Phoenix Timeshares
er trade relations between For sale Rm 107,wk 34, 8/25
the U.S. and Mexico, rose pool side studio $3,400. and
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also made big gains. and aruba Beach Club studio
Stocks finished at record Trader Peter Tuchman wears a "Dow 26,000" hat as he works on the floor of the New York Stock rm 247, $1900.bo
highs Friday. On Monday Exchange, Monday, Aug. 27, 2018. email rmwjmw@aol.com
the Nasdaq composite Associated Press 508 651 0016
traded above 8,000 for the _________________________________20
first time. 0.9 percent, to 8,016. The U.S. would work out its dif- hoped that the progress Resales in Aruba
KEEPING SCORE: The S&P Russell 2000 index of small- ferences with several major in trade talks between the Only We have all
500 index climbed 21 er-company stocks added trading partners. The S&P U.S. and Mexico would al- Fixed T-share Weeks
points, or 0.8 percent, to 5 points, or 0.3 percent, to 500 is up 6.5 percent since leviate the threat of tar- For :Rent or sale
2,896 as of 1:47 p.m. East- 1,731. the end of June and closed iffs on cars and car parts. @ 70 % Off Rack Rates
ern time. The Dow Jones The benchmark S&P 500 at an all-time high Friday. GM gained 4.7 percent to From all Resorts
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26,049. The Nasdaq com- strong corporate earnings TRADE TALKS: Automakers LEADERS: While few details ________________________________209993
posite gained 70 points, or and growing optimism the rose sharply as investors of the tentative trade talks Aruba Divi Phoenix
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By DAVID KOENIG "Unfortunately, all it takes $200, which matches fees Airlines introduced a $15 each
Associated Press is one major airline to raise that American, Delta and checked-bag fee to help Call :630-1307
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day. pressed surprise that airlines ports good customer expe- bags and ticket changes _________________________________209993
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free. $200 will rise from $150 to ________________________________209993