DJIA26991.15
LIVE709.33(2.70%)
NDX9744.62
LIVE114.96(1.19%)

S&P 500 hits record high at opening bell on trade, geopolitical optimism


Monday, 28 October 2019 20:50 WIB

Indeks NasdaqIndeks S&P 500Indeks Dow JonesSahamAS


c_740_198_16777215_00_images_assets_USMARKET_0dowjonespic1-580x358.jpg

U.S. stocks opened higher Monday on the back of easing U.S.-China trade tensions and an extension of the Brexit deadline, setting a fresh all-time intraday high for the S&P 500.

The Dow Jones Industrial Average advanced 111 points, or 0.4%, to 27,069. The S&P 500 rose 0.3% to 3,033, topping it previous intraday high of 3,027.98. The Nasdaq Composite was up 0.6% to 8,292.

The S&P 500 is on track to set a new closing record, following Friday's session when the stock-market gauge briefly pushed above its all-time finish of 3025.86 hit on July 26 on Friday. Last week saw both Beijing and Washington confirm that they were applying the final touches to a so-called Phase 1 trade deal.

On Monday, European Union leaders agreed to grant an extension for the U.K. to depart the economic bloc, soothing fears that the U.K. would crash out of the EU without a trade deal in hand on Thursday.

In corporate news, shares of AT&T jumped after earnings for the media and communications giant beat Wall Street expectations. Tiffany & Co.'s stock surged after the luxury jeweler said it had received an acquisition proposal from from LVMH Moët Hennessy Louis Vuitton SE for $120 per share in cash.

Source : MarketWatch


RELATED NEWS

  • Hong Kong stocks ended the week on a strong note Friday, marking a fifth straight advance as early profit-taking gave way to optimism over the worldwide easing of lockdown measures and hopes for the g...

POPULAR NEWS

DISCLAIMER

Seluruh materi atau konten yang tersaji di dalam website ini hanya bersifat informatif saja, dan tidak dimaksudkan sebagai pegangan serta keputusan dalam investasi atau jenis transaksi lainnya. Kami tidak bertanggung jawab atas segala akibat yang timbul dari penyajian konten tersebut. Semua pihak yang mengunjungi website ini harus membaca Terms of Service (Syarat dan Ketentuan Layanan) terlebih dahulu dan dihimbau untuk melakukan analisis secara independen serta memperoleh saran dari para ahli dibidangnya.