Here's what happened to the stock market on Monday

  • 📰 CNBC
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 72%

Philippines News News

Philippines Philippines Latest News,Philippines Philippines Headlines

All major indices closed in the green today, boosted by optimism around U.S.-China trade talks and earnings season. The S&P 500 closed above 3,000 for the first time since Sept. 18, while the Dow and Nasdaq rose 0.2% and 0.9% respectively.

closed 0.91% higher at 8,162.99. The major averages got a boost following positive comments on the U.S.-China trade front while investors hoped the earnings season can keep its early momentum going.Chinese Vice Premier Liu He said over the weekend that China and the U.S. were making "" in trade talks.

Those comments came after questions arose last week over how far along both countries were on trade. Meanwhile, investors bet again on Monday that companies could continue to report better-than-expected earnings. The earnings season got off to a strong start last week, lifting investor sentiment and bringing the S&P 500 closer to an all-time high.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in PH

Philippines Philippines Latest News, Philippines Philippines Headlines