Stocks Rise as US, China Agree to Resume Trade Talks

This photo taken on August 7, 2018 shows workers unloading bags of chemicals at a port in Zhangjiagang in China's eastern Jiangsu province. JOHANNES EISELE/AFP/Getty Images

U.S. stocks rose on news that the United States and China have agreed to restart trade negotiations later this month.

The Chinese Commerce Ministry announced on Aug. 16 that a delegation would travel to the United States, at the invitation of the Treasury Department, to resume talks in hopes of ending the tit-for-tat dispute.