Dow, China and NASDAQ
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TV News Check on MSNDow Adds 105, Nasdaq Climbs 124, S&P 500 Rises 33U.S. stocks drifted closer to their record Tuesday as Wall Street waits to see what U.S.-China talks will bear. The post Dow Adds 105, Nasdaq Climbs 124, S&P 500 Rises 33 appeared first on TV News Check.
U.S. stocks finished higher on Tuesday as investors closely monitored trade talks between the U.S. and China while awaiting the release of the consumer-price index report for May on Wednesday morning to better gauge the Federal Reserve's policy path.
All three major U.S. stock indexes closed in positive year-to-date territory simultaneously for the first time since Feb. 21. The S&P 500, Nasdaq Composite, and Dow Jones Industrial Average all rose by 1%,
Dow Jones gained some ground in quiet trading. Nike, which was up by 3.3%, was the best performer in the Dow Jones index today. The stock tested multi-week highs as traders bet that the company’s performance will recover from the blow dealt by trade wars.
U.S. stocks were again bouncing back to hover near session highs in the final hour of trading Tuesday. The Dow Jones Industrial Average was rising over 100 points, or 0.2%, to trade at around 42,867 as of 3:10 p.
The Dow Jones, Nasdaq 100, and S&P 500 indices have moved sideways in the past few weeks as the recent momentum stalled. The S&P 500 Index is stuck at $6,000, its highest point since February 24, and 24% above its lowest point this year.
US Stock market future today is showing signs of caution as Dow, S&P 500, and Nasdaq futures hold steady during ongoing US-China trade talks. After a hopeful first meeting in London, investors are watching closely for progress on key issues like rare earth minerals access.
Stock index futures were almost flat on Monday, as investors turned their attention to the U.S.-China trade talks expected to be held later in the day. S&P 500 futures (SPX) +0.1%, Nasdaq 100 futures (US100:IND) +0.
Live Updates Live Coverage Updates appear automatically as they are published. Wall Street Cautious on MCD 10:02 am by Gerelyn Terzo Morgan Stanley has turned more cautious on fast-food giant McDonald’s (NYSE: MCD),