U.S. Stock Indexes Edge Higher as Tax Overhaul Looms Over Market
Thursday, 7 December 2017 23:34 WIB |
MARKET UPDATE |S & P 500Indeks NasdaqSaham AS
The main U.S. stock benchmarks edged higher in early Thursday trade, driven by gains in the technology, industrials and materials sectors.
Traders focused on continued progress on tax legislation and looked ahead to the monthly jobs report due Friday.
The S&P 500 index was up by 5 points, or 0.2%, to 2,634, after four straight sessions of declines. Eight of the 11 main sectors were trading higher, led by gains in the industrials sector.
The Dow Jones Industrial Average added 51 points, or 0.2%, to 24,193.
The tech-heavy Nasdaq Composite Index outpaced the other benchmarks and was up 37 points, or 0.5%, at 6,812, largely thanks to gains among so-called FAANG stocks: Apple Inc. was up 0.8%, while Alphabet Inc. rose 0.9%.
Source : Market Watch