Finance

What happened to the stock market Monday: S&P, Nasdaq hit records

0


Traders work on the floor at the New York Stock Exchange.

Brendan McDermid | Reuters

Dow Jones Industrial Average rises 83 points

The Dow climbed 83.28 points, or 0.29%, to end the day at 28,907.05. The S&P 500 and Nasdaq Composite rose 0.70% and 1.04%, respectively, to record highs. Stocks rose as optimism around the signing of the so-called phase one trade deal increased.

China no longer a currency manipulator

CNBC learned through a source that the U.S. was ready to remove the currency manipulator label from China ahead of the Wednesday’s phase-one trade deal signing. The news lifted stocks to their highs of the day and helped the S&P 500 and Nasdaq reach all-time highs. But the rising…



Source cnbc.com

The hottest trade of 2020 is rhodium

Previous article

LSU smothers Clemson to seize college football’s national championship

Next article

You may also like

Leave a Reply

avatar
  Subscribe  
Notify of

More in Finance