Stocks rose Friday, with the S&P 500 and Nasdaq Composite indexes both hitting intraday record highs, led by technology stocks, on good corporate earnings, government approval of the T-Mobile and Sprint merger, and better-than-expected economic growth.
The Dow Jones Industrial Average rose 64 points or 0.2% to 27,206 while the S&P 500 index added 24 points, or 0.8% to 3,027. The Nasdaq Composite advanced 100 points to 8,338 for a gain of 1.2%.
New all time highs intraday were seen for the S&P500 at 3,027.80 and for Nasdaq at 8339.64.
Source: Marketwatch
RELATED NEWS
Hong Kong Stocks Soar on Trade Deal Reports (Review)
Saturday, 14 December 2019 04:24 WIBHong Kong stocks jumped more than two percent Friday after reports said China and the US had finally reached a partial trade agreement that will see Washington cancel tariffs due to be imposed at the weekend. The Hang Seng index soared 2.57 percent, or 693.62 points, to 27,687.76. The benchmark Sh...
Stock market books tepid gains to end the week as market weighs merits of limited China trade-deal
Saturday, 14 December 2019 04:21 WIBThe S&P 500 and the Nasdaq Composite finished the week at records Friday but enthusiasm over an announced China-U.S. partial trade deal, which had sparked buying Thursday, faded as investors weighed aspects of the so-called phase-one pact. The Dow Jones Industrial Average closed up about 0.01% ...
European stocks close higher on US-China deal; UK stocks rally on election result
Saturday, 14 December 2019 00:08 WIBEuropean stocks closed higher Friday after news that the U.S. and China have reached a phase one trade deal, while the U.K.™s ruling Conservative Party won a commanding majority in the general election. The pan-European Stoxx 600 traded higher 1.09% to 412.02 by the close of trade, with travel an...
Dow, S&P 500 decline after U.S., China announce trade deal with modest tariff reduction
Friday, 13 December 2019 23:51 WIBU.S. stocks traded mostly lower Friday, giving back early gains, after President Trump and Chinese officials announced a trade deal that includes a reduction of tariffs and promises by China to buy more U.S. goods. Meanwhile, a decisive victory for Conservatives in Thursday™s U.K. election that r...
Stocks Open Slightly Lower as Investors Remain Uncertain on Trade Deal
Friday, 13 December 2019 21:55 WIBU.S. stocks edged lower at the opening bell on Friday, pulling major equity benchmarks back from their all-time highs, as market participants were unsure about the outcome of recent trade negotiations ahead of tariffs on Chinese imports set to kick in on Dec. 15. The S&P 500 fell 0.1% to 3,164....
Lagarde's ECB Keeps Policy Unchanged as Strategy Review Looms
U.S. Core Inflation Modest in November Ahead of Fed Meeting
Stocks Open Slightly Lower as Gloomy Trade Clouds Offset Monetary Policy Boost
Oil Prices Gain as OPEC Revises Deficit Forecast
Gold ends lower as Trump tweet raises optimism that trade deal with China near
Hong Kong Stocks Soar on Trade Deal Reports (Review)
Saturday, 14 December 2019 04:24 WIB
Hong Kong stocks jumped more than two percent Friday after reports said China and the US had finally reached a partial trade agreement that will see Washington cancel tariffs due to be imposed at the weekend.
The Hang Seng index soared 2.57...