Stocks rise as investors weigh trade optimism with disappointing data
Friday, 1 March 2019 23:51 WIB | MARKET UPDATE | Standard & Poor's 500Saham AS

U.S. stocks rose Friday, though well off session highs, with early action colored by news that trade negotiations between Beijing and Washington may conclude as soon as two weeks, while new data on U.S. manufacturing disappointed, causing markets to pare early-morning gains.

The Dow Jones Industrial Average gained 43 points, or 0.2%, to reach 25,952, while the S&P 500 index gained 8 points to 2,792, a rise of 0.3%. The Nasdaq Composite Index advanced 25 points, or 0.3%, to 7,558.

At session highs early Friday morning, the Dow had risen as much as 228 points, the S&P 500 rose 24 points, and the Nasdaq rallied as much as 60 points higher.

Source: Marketwatch

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