Nasdaq ends at fresh record as US stocks gain

📆 5/8/2020 8:54 AM
📰 The Straits Times

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NEW YORK (AFP) - Wall Street stocks ended a choppy session higher on Tuesday (Aug 4), with the Nasdaq climbing to a fresh record as markets monitor Washington negotiations on another relief package.. Read more at straitstimes.com.

NEW YORK - Wall Street stocks ended a choppy session higher on Tuesday , with the Nasdaq climbing to a fresh record as markets monitor Washington negotiations on another relief package.

The broad-based S&P 500 advanced 0.4 per cent to 3,306.51, while the tech-rich Nasdaq Composite Index also climbed 0.4 per cent at 10,941.17 to finish at a second straight record. China accused Washington of"bullying" over the popular video app after President Donald Trump ramped up pressure for its US operations to be sold to an American company, saying he will block the app in the US on Sept 15 unless it is sold.

Among individual companies, Ford rose 2.5 per cent after announcing that Jim Hackett would resign as chief executive and be replaced by longtime auto executive Jim Farley.

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US: Nasdaq climbs 1.5% to record close as stocks gain[NEW YORK] The Nasdaq powered to a fresh record on Monday fueled by Microsoft's potential takeover of TikTok, as markets monitored talks in Washington on another federal relief package. Read more at The Business Times.
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