Benchmarks Fare: Gains and Points

benchmarks fare: How did major benchmarks fare The Dow Jones Industrial Average DJIA, 0.24% rose 8.07 points to 25,891.32 and the S&P 500 index SPX, 0.18% climbed 4.16 points, or 0.2%, to 2,779.76, according to Market Watch. The Nasdaq COMP, 0.03% advanced 14.36 points, or 0.2%, to 7,486.77, logging its longest stretch of gains since the index rose for eight straight days in August. The market's gains were led by so-called defensive sectors such as utilities and consumer staples, which are less sensitive to economic cycles. What drove the market Recent gains were fueled, in part, by upbeat expectations surrounding U.S.-China trade negotiations held in Beijing. President Donald Trump on Sunday tweeted about the trade talks, saying Big progress being made on soooo many different fronts! Important meetings and calls on China Trade Deal, and more, today with my staff. Talks resumed this week in Washington, sparking hopes that the two sides can continue to make progress toward a deal. (news.financializer.com). As reported in the news.

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