US stocks climbed on Thursday as the US confirmed a highly anticipated meeting with China next week and investors parsed through a fresh batch of quarterly results after Tesla (TSLA) and IBM (IBM) earnings fell short. The tech-heavy Nasdaq Composite (^IXIC) led the gains, rising 0.9%, while the S&P 500 (^GSPC) added 0.6%. The Dow…
US stocks climbed on Thursday as the US confirmed a highly anticipated meeting with China next week and investors parsed through a fresh batch of quarterly results after Tesla (TSLA) and IBM (IBM) earnings fell short. The tech-heavy Nasdaq Composite (^IXIC) led the gains, rising 0.9%, while the S&P 500 (^GSPC) added 0.6%. The Dow…
Yahoo Finance’s Jake Conley reports: Earlier this month, China announced tightened export restrictions on rare earth minerals, including a complete prohibition on all exports for defense applications. That potentially leaves the US defense industry without a key input across a range of weapons systems. But during earnings calls this week, leadership at the country’s top…