U.S. Stocks Aim For Three-Day Win Streak as Investors Eye Trade Headlines
Thursday, 16 May 2019 20:42 WIB |
MARKET UPDATE |S & P 500Saham AS
U.S. stocks rose at the opening bell as investors monitor developments on the U.S.-China trade spat.
The S&P 500 was up 0.2% to 2,856.The Dow Jones Industrial Average picked up 91 points, or 0.3%, to 25,739. The Nasdaq Composite was up 0.1% to 7,830.
The S&P, Dow and Nasdaq were on course to string together their third straight gain. Trade headlines continued to dominate the mood of equity investors, following the Trump's signing of an executive order that bans telecom equipment from countries considered "foreign adversaries."
The move is widely seen as a blow against Huawei, which has been caught up in the longstanding trade dispute between Beijing and Washington. In company news, shares of Walmart Inc. rose 3.1% after the mega-retailer earnings beat analysts' expectations.
Source : Market Watch