Indexes Fare: Points and Materials Utilities

indexes fare: How did the major indexes fare The Dow Jones Industrial Average DJIA, 0.84% rose 115.97 points, or 0.5%, to 25,648.02 and the S&P 500 index SPX, 0.89% gained 16.55 points, or 0.6%, to 2,850.96, according to Market Watch. The tech-heavy Nasdaq Composite Index COMP, 0.97% outperformed its peers, advancing 87.65 points, or 1.1%, to 7,822.15. The market s gains were broad with shares of internet-related and information technology companies underpinning the rebound. Communication services and information technology were the big winners while financials, materials and utilities ended lower. The news helped stocks to recover from early-morning losses and gain a foothold in positive territory. What drove the market The Trump administration plans to delay a decision on instituting new tariffs on car and auto part imports for up to six months, according to media reports. (news.financializer.com). As reported in the news.

The content, information, trademarks and multimedia posted on this blog copyrights to their original owners and herein blogged in good faith for the purpose of commentary, speech, opinion and debate.

financializer news

A weblog highlighting financial topics making news in the international media.