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US Equity Indexes Higher on Easing US-China Trade Standoff
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US Equity Indexes Higher on Easing US-China Trade Standoff
Sep 21, 2025 3:28 AM

03:40 PM EDT, 09/19/2025 (MT Newswires) -- US equity indexes were higher ahead of the close on Friday after US President Donald Trump said progress was made on key issues, including trade, following his call with China President Xi Jinping.

Trump also said in a Truth Social post that he appreciated the TikTok deal approval.

The Nasdaq Composite gained 0.57% to 22,599.3, with the S&P 500 up 0.47% to 6,663.2, and the Dow Jones Industrial Average 0.43% higher at 46,339.8. All sectors except energy gained intraday, with technology and utilities leading the gainers.

The CBOE Volatility Index fell 0.19% to 15.67.

Most Treasury yields rose, with the 10-year yield up 2.7 basis points to 4.13% and the two-year rate 1 basis point higher at 3.57%.

Gold futures rose 1.07% to $3,717.4.

West Texas Intermediate crude oil futures declined by 1.31% to $62.74 a barrel.

In economic news, Baker Hughes rig count report, an early indicator of future output, revealed that US oil and gas rigs increased by three to 542 for the week ended Sept. 19, up from 539 in the week prior. Oil rigs increased by two to 418.

In company news, Apple's ( AAPL ) iPhone 17 sales opened to robust demand for its Pro models, multiple news outlets reported. People across Japan, Hong Kong, Singapore, China, Australia and New Zealand queued up to collect pre-booked models, while only the iPhone Air was available on shelves, Bloomberg reported. Apple ( AAPL ) shares rose 3.1%.

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