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Nasdaq hits fresh record as Tesla surges to start off the week


Tuesday, 14 January 2020 00:01 WIB

Indeks NasdaqIndeks S&P 500Indeks Dow JonesSahamAS


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Stocks traded higher on Monday, resuming the rally that started last week as geopolitical tensions dissipated while investors felt optimistic about U.S.-China trade relations.

The Dow Jones Industrial Average rose 21 points, or 0.1%. The S&P 500 gained 0.3% while the Nasdaq Composite advanced 0.4%.

American Express rose 1.1% to lead the Dow higher. The S&P 500 was lifted by the tech and real estate and materials sectors, which advanced at least 0.6% each.

The major averages posted record highs last week as concerns about an escalation in U.S.-Iran tensions faded, bringing down oil prices. The decline in oil prices eased fears of a swift jump in energy costs in the near term.

Source : CNBC


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