Dow Jones News: Microsoft Reveals Next Xbox; Apple Avoids Tariffs

The Dow Jones Industrial Average (DJINDICES: ^DJI) was up just 0.01% at 12:40 p.m. EST Friday, despite news that the U.S. and China had agreed to phase one of a trade deal. The deal still needs to be finalized, and no date has been set for the final signing.

Two tech giants were able to produce some solid gains even as the Dow remained roughly unchanged. Shares of Microsoft (NASDAQ: MSFT) were up after the company revealed some details on its upcoming game console, and Apple (NASDAQ: AAPL) stock rose thanks to the positive trade war development.

Microsoft's Xbox One and Sony's PlayStation 4, both launched in 2013, are on their way out. Both companies plan to launch new game consoles in 2020.

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Source Fool.com