Indexes Fare: Points and Executive Order

indexes fare: How did the major indexes fare The Dow Jones Industrial Average DJIA, -0.38% rallied 214.66 points, or 0.8%, to 25,862.68, and the S&P 500 index SPX, -0.58% climbed 25.36 points, or 0.9%, to 2,876.32, according to Market Watch. The Nasdaq Composite Index COMP, -1.04% rose 75.90 points, or 1%, to 7,898.05. Meanwhile, economic data on the U.S. labor and housing markets came in better than expected, offsetting worries over trade. Read The woman who nailed the 2018 stock-market volatility blowup has kicked off an actively managed ETF What drove the market Global equities have proven resilient after the Trump administration fired a fresh salvo in a trade spat with China late Wednesday, issuing an executive order that bans telecom equipment from countries considered foreign adversaries. Additionally, the Commerce Department said that it would add Huawei to a list of entities that engage in activities contrary to U.S. national security and/or foreign policy interests, which could greatly restrict its purchases of crucial American-made chips. The move appeared to target Huawei, which has been under pressure from the White House for months. (news.financializer.com). As reported in the news.