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U.S. Stocks Open Slightly Higher as Investors Eye Trump-Xi Meeting Later This Week


Monday, 24 June 2019 20:48 WIB

S & P 500Saham AS


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U.S. stocks opened with small gains Monday as investors looked ahead to a meeting later this week between President Donald Trump and Chinese leader Xi Jinping.

Analysts attributed a positive tone to hopes the meeting at the Group of 20 summit in Japan will produce a cease-fire in the U.S.-China trade war.

The Dow Jones Industrial Average rose 56.47 points, or 0.2%, to 26,775.60, while the S&P 500 was up 3.69 points, or 0.1%, to 2,954.15. The Nasdaq Composite was 14.48 points higher at 8,046.18.

Shares of Caesars Entertainment jumped nearly 15% after the casino operator agreed to a buyout valued at about $8.6 billion buyout by Eldorado Resorts Inc.. Eldorado shares were off 7.3%.

Source : Market Watch


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