DJIA26996.71
LIVE-5.27(-0.02%)
NDX7926.27
LIVE6.06(0.08%)

Dow Ends With More Than 300-Point Gain on Report of U.S.-China 'Phase One' Trade Agreement


Saturday, 12 October 2019 03:17 WIB

DOW JONESS & P 500Indeks NasdaqSahamASWallstreet


c_740_198_16777215_00_images_assets_USMARKET_Stocks-Rise-1-4.jpg

Stocks posted solid gains on Friday, but came off intraday highs, after President Donald Trump said the U.S. had reached a "phase one deal" between the U.S. and China. Negotiators from both sides capped their two-day talks.

The S&P 500 finished up by 1.1% to around 2,970. The Dow Jones Industrial Average advanced 318 points, or 1.2%, to end around 26,815, based on preliminary numbers. The Nasdaq Composite ended higher by 1.3% to 8,057. For the week, the S&P 500 was up 0.6%, the Dow was up 0.9%, and Nasdaq was up 0.9%.

Treasury Secretary Steven Mnuchin said tariffs would not go into place next week. Earlier, the Federal Reserve had announced the central bank would buy $60 billion of Treasury bills every month at least into the second-quarter, starting from next week. In company news, shares of Apple Inc. rose 2.8% to close at an all-time high.

Source : Marketwatch


RELATED NEWS

  • Hong Kong shares finished on a positive note Thursday as more weak US data raised hopes for another interest rate cut by the Federal Reserve. The Hang Seng Index rose 0.69 percent, or 184.21 points, ...
  • Tokyo stocks closed marginally lower on Thursday, taking a breather from a recent string of gains as investors watched for developments in Brexit talks in Brussels. The benchmark Nikkei 225 index fel...

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.