Asian shares rise after White House confirms plans for Trump to meet with Chinese leader Xi 10 mins ago Asian shares are mostly higher after the White House confirmed plans for President Donald Trump to meet with Chinese leader Xi Jinping next week. Chinese benchmarks gained after the ruling Communist Party wrapped up an important planning meeting without any major policy changes. On Thursday, the S&P 500 climbed 0.6% and the Dow industrials added 0.3%. The Nasdaq composite rose 0.9%. Oil and gas stocks led the way as oil prices jumped more than 5% after Trump announced new sanctions on Russia’s crude industry. Strong earnings reports from several big U.S. companies also lifted the market, including from Dow and Las Vegas Sands.

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