Here's what happened to the stock market on Tuesday

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

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

The Nasdaq Composite hit a new all-time high, while the Dow slipped from its record.

rose to a new all-time high of 8,952.88. The S&P 500 has risen 2.6% for December and 8.3% for the quarter. It is also on pace for its best annual performance in six years, up 28.6% for 2019. If the benchmark ends the year up more than 29.6%, it will scoreTuesday marked the official start of the Santa Claus rally period, which happens on the final five trading days of the year and the first two tradings days of the new year.

Investors also cheered the news this week that China is taking action to goose its economy. The country said it will boost imports by cutting tariffs on over 850 products. The Chinese government also said it would study additional cuts in the bank reserve-ratio requirements. The U.S. stock market is closed on Wednesday for Christmas. Thursday and Friday are regular trading days.

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 SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

nah I'm more interested in what is goint to happen to the stock market next Tuesday haha 😅

這些教中文的國家??沒祌訂正翻譯軟體??Seri???

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Here's what happened to the stock market on MondayBoeing shares led the gains in the broad market as the S&P 500 hit another record close. Excellent! 👍 It went up a little...again
Source: CNBC - 🏆 12. / 72 Read more »

The Stock Market Needs Earnings Growth To Rise In 2020With stock market valuations close to all-time highs and margins under pressure, increases in stock prices in 2020 will have to come from revenue and earnings growth and not valuations rising Unless the fed keeps injecting cash into the markets. inflation . Js :D
Source: Forbes - 🏆 394. / 53 Read more »