Wall Street / AFP
(AFP) .- Wall Street bounced on Wednesday by leaving trade concerns behind and toning with the appeasement of the situation in Hong Kong.
The Dow Jones industrial index rose 0.91% to 26,355.47 points, the Nasdaq, of technological values, rose 1.30% to 7,976.88 and the S&P 500 added 1.08% to close at 2,937.78.
After falling on Tuesday, the main indexes turned upward when the Hong Kong authorities withdrew a bill of extraditions to mainland China that sparked massive protests.
Gregori Volokhine, of Meeschaert Financial Services, said the Hong Kong decision "eliminated a lot of concern" for investors who feared a fierce response from Beijing to the demonstrations.
Markets have already incorporated the risk of the trade war between China and the United States "but they did not integrate the situation in Hong Kong," Volokhine said.
In the debt market, the yield on US 10-year Treasury bonds rose slightly to 1,464 ″ by 20:25 GMT versus 1,457% on Tuesday's close.
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