US: S&P 500 ends at record, up 0.8%, on trade ceasefire
[NEW YORK] The S&P 500 powered to a fresh record on Monday after the United States and China reached a ceasefire on further trade tariffs, although lingering questions about the agreement limited gains.
At the closing bell, the broad-based S&P 500 was at 2,964.45, up 0.8 per cent. That is about 10 points above the prior record but about 13 points below its peak earlier in the session.
The Dow Jones Industrial Average gained 0.5 per cent to 26,718.86, while the tech-rich Nasdaq Composite Index climbed 1.1 per cent to 8,091.45.
AFP
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Capital Markets & Currencies
Euro at highest to yen since 2008, markets nervy over Tokyo stepping in
Singapore stocks track Wall Street gains on Tuesday; STI up 1.5%
UBS lifts Chinese stocks to overweight in rare upgrade call
Asia: Most markets rise with earnings, US data in view
Singapore banks lead market surge again on easing Middle East tensions; STI up 1%
Stocks to watch: Clar, Keppel Reit, ESR-Logos Reit, Nanofilm, LHN