Stocks rise broadly with earnings in view; indexes set for 4th straight positive month
Tuesday, 31 July 2018 23:24 WIB |
MARKET UPDATE |DOW JONES Standard & Poor's 500Indeks NasdaqSahamAS
U.S. stocks rose on Tuesday, with major indexes rebounding from recent weakness as corporate earnings continued to come in strong.
The Dow Jones Industrial Average rose 123 points, or 0.5%, to 24,431. The S&P 500 added 13 points to 2,816, a gain of 0.5%. The Nasdaq Composite Index was up 39 points, or 0.5%, to 7,669. Both the S&P and the Nasdaq are aiming to end a three-day losing streak, while the Dow has posted two consecutive losing sessions.
The day™s gains were broad-based, with nine of the 11 primary S&P 500 sectors higher. Among the top-performing sectors were industrials, which rose 1.8%, and health care, up 1%.
With Tuesday marking the final trading session for July, the Dow is posting a 4.8% monthly gain, while the S&P and Nasdaq have tacked on 3.6% and 2.1%, respectively. Both the S&P and the Nasdaq are poised for their fourth straight monthly gain.