U.S. Stocks Inch Higher as Microsoft Results Overshadow Ongoing Trade Uncertainty
Friday, 20 July 2018 23:28 WIB |
MARKET UPDATE |DOW JONESS & P 500Saham AS
U.S. stocks rose slightly on Friday, with technology stocks leading the day™s advance following strong results from Microsoft, one of the industry™s most closely watched bellwethers.
Major indexes inches higher throughout the session, erasing an early decline that came as new questions surrounding government policy on both trade and the dollar cooled buying appetite.
The Dow Jones Industrial Average rose 41 points, or 0.2%, to 24,106. The S&P 500 index was up 4 points to 2,808, an increase of 0.1%. The Nasdaq Composite Index which has an outsize exposure to large tech stocks, was up 33 points to 7,858, a gain of 0.4%.
For the week, the Dow is up 0.3% while the S&P is up 0.2%. The Nasdaq is up 0.4%. All three are on track for their third straight weekly advance.
Source : Market Watch