U.S. stocks pushed higher on Monday after reports senior Chinese officials attended trade negotiations with the U.S., seen potentially increasing the prospects of a deal between the two countries. The two sides are trying to hash out a deal before the 90-day trade truce ends.
The Dow Jones Industrial Average finished up around 100 points, or 0.4%, the S&P 500 closed up 0.7% and the Nasdaq Composite Index ended Monday up 1.3%.
In economic news, the December ISM non-manufacturing index fell to 57.6%, from 60.7%. A reading over 50% is generally considered positive. And in company news, shares of Sears Holding Corp. fell more than 8% after Bloomberg reported the rescue bid by Chairman Eddie Lampert was unsuccessful.
Source : Market Watch
RELATED NEWS
European stocks close lower amid weak Chinese data; Tullow Oil down 71%
Tuesday, 10 December 2019 00:02 WIBEuropean stocks closed lower on Monday as weak Chinese export data highlighted the detrimental impact of its prolonged trade war with the U.S. The pan-European Stoxx 600 ended the session 0.24% lower to 406.38, with oil and gas stocks falling 1% to lead losses while the retail sector added 0.5%. C...
Dow falls for the first time in four days, Boeing shares slip
Monday, 9 December 2019 23:30 WIBThe Dow Jones Industrial Average fell slightly on Monday as investors took a pause after a sharp rally in the previous session. The 30-stock average traded about 21 points lower, or 0.1%, and was headed for its first decline in four days. Boeing and Apple led the Dow lower, sliding 1% each. Meanwh...
U.S Stocks See Modest Pullback at Open as Central Banks, Trade Stay In Focus
Monday, 9 December 2019 21:47 WIBU.S. stocks edged lower at the opening bell on Monday ahead of a busy week packed with meetings by the Federal Reserve and the European Central Bank. Investors are also on the lookout for signs of easing trade tensions ahead of the Dec. 15 deadline for additional duties on Chinese imports. The S&a...
U.S. Futures Edge Lower With Stocks as Bonds Climb
Monday, 9 December 2019 18:50 WIBU.S. equity futures edged down alongside European stocks as investors prepared for a week brimming with potential catalysts, from central bank meetings to the looming America-China tariff deadline. Treasuries and most government bonds advanced. Futures on the S&P 500 Index decreased 0.1% as of ...
Hong Kong Stocks Close Flat
Monday, 9 December 2019 15:41 WIBHong Kong finished flat on Monday as weak Chinese trade data offset a forecast-beating jobs report from the US that eased concerns about the world's top economy. The Hang Seng index edged down 3.64 points to 26,494.73. The benchmark Shanghai Composite Index rose 0.08 percent, or 2.47 points, to 2,...
Hong Kong stocks finish week on positive note (Review)
Dow Closes Nearly 340-Points Higher After Jobs Report Sparks Stock-Market Rally
China's Blue-Chips End Lower After Weak Export Data
Tokyo: Stocks Open Higher With Eyes on Key Global Events
Gold Prices Step Higher as Ahead of Fed Meeting, Buoyed by Weaker Buck
Oil slips as weak China export data weighs
Tuesday, 10 December 2019 03:21 WIB
Oil prices fell on Monday after data showed Chinese exports declined for a fourth straight month, sending jitters through a market already concerned about damage to global demand by the trade war between Washington and Beijing.
Brent futures fell...