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U.S. Stocks Climb, Trade Off Best Levels of Session Following Trade-War Truce


Tuesday, 4 December 2018 00:47 WIB

DOW JONESS & P 500NasdaqSahamAS


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U.S. stocks rose Monday midday, but were off the best levels of the session, after the U.S. and China called a temporary truce to their trade war over the weekend, triggering relief buying of perceived riskier assets such as equities.

The Dow Jones Industrial Average rose 175 points, or 0.7%, to 25,712.The S&P 500 rose 17.87 points, or 0.7%, to 2,778. The Nasdaq Composite Index gained 75 points, or 1%, to 7,407.

Stocks were off their highs for the day, as the Dow was up 442 points at its peak, while the S&P was up 40 points, and the Nasdaq had gained as much as 156 points, before each benchmark pared these gains.

Source : Marketwatch


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