Border-Security Deal: Points and Morgan Stanley

border-security deal: How did major indexes fare The Dow Jones Industrial Average DJIA, 0.46% climbed 372.65 points, or 1.5%, to 25,425.76, while the S&P 500 index SPX, 0.30% added 34.93 points, or 1.3%, to 2,744.73, according to Market Watch. The Nasdaq Composite Index COMP, 0.08% advanced 106.71 points, or 1.5%, to 7,414.62. Meanwhile, the S&P 500 finished above its 200-day moving average for the first time in 46 days, marking its longest sojourn under the key trendline since March 2016, according to the Dow Jones Market Data Group. Read Morgan Stanley warns of a looming earnings recession What drove the market Democratic and Republican lawmakers reached a deal late Monday to avert another government closure after GOP negotiators agreed to a border-security deal that will involve far less money for an extension of the southern U.S. border wall than President Donald Trump has been demanding. Bilateral trade negotiations entered a second day in Beijing, with Treasury Secretary Steven Mnuchin and U.S. Trade Representative Robert Lighthizer due to arrive Thursday for more high-level discussions. The tentative agreement, which involves 55 miles of new border fencing, still requires approval from Trump, who reportedly is not thrilled but stopped short of saying he will reject it. (news.financializer.com). As reported in the news.