Stocks open first trading day of year close to record highs as investors cheer China stimulus

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 7 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 97%

United States News News

United States United States Latest News,United States United States Headlines

Major U.S. stock benchmarks opened higher Thursday, a day after markets were closed for New Year's Day, following news that China's central bank will loosen...

Major U.S. stock benchmarks opened higher Thursday, a day after markets were closed for New Year's Day, following news that China's central bank will loosen requirements for banks to set aside a portion of assets as reserves, a move expected to increase lending and boost growth in the world's second-largest economy. The Dow Jones Industrial Average DJIA, +0.52% rose 130 points, or 0.5% to 28,664, the S&P 500 index SPX, +0.58% advanced 15 points, or 0.

#div-gpt-ad-1569967089584-0 > div > iframe { width: 100% !important; min-width: 300px; max-width: 800px; }

 

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:

 /  🏆 3. in US

United States United States Latest News, United States United States Headlines

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

European stocks set for mixed open as investors await US-China trade detailsEuropean stocks were seen mixed Thursday morning after U.S. President Donald Trump said that a phase one trade deal with China will be signed on January 15, though details of the deal remain hazy. this nightmare never ends for me, it has only gotten worse, and more unbelievably twisted. I have never spoken to a lawyer about my permanent disfigurement. I am demanding that changes immediately. Please send help. This is an SOS. My family is hostile. Stop manipulation ,it to much the media lost the credibility .
Source: CNBC - 🏆 12. / 72 Read more »

These 2 stocks dominated S&P 500 returns in 2019 — and the decadeApple and Microsoft were the two powerhouses of the stock market’s return over the course of the past 12 months, and 10 years
Source: MarketWatch - 🏆 3. / 97 Read more »

Macy’s, Gap And L Brands Rank Among Worst Retail Stocks Of 2019The majority of the retailers in the S&P 500, like Macy's, Gap and L brands, failed to beat the market in 2019
Source: Forbes - 🏆 394. / 53 Read more »

Global Stocks Launch Higher After Chinese Easing MoveGlobal stock markets got off to a strong start on the first trading day of the year after China’s central bank announced a fresh dose of monetary policy easing. Well now, President Trump. . . Please don’t “pat yourself on the back” for this accomplishment—oh wait, I believe you already have 😠 ONE AMERICA NEWS (OAN TV STATION). Where is the Ukraine INVESTIGATIVE REPORT on the USA corruption & theDEMS?
Source: WSJ - 🏆 98. / 63 Read more »

New year cheer for stocks as rally rumbles onNew year, new cheer: Europe’s main markets gain, following Asia higher in their first trading session of the new decade. U.S. futures suggest similar gains on Wall Street California business owner blasts Gov. Newsom for homeless crisis
Source: Reuters - 🏆 2. / 97 Read more »

All 30 Dow stocks rising premarket; Apple on track to open at record highThe Dow Jones Industrial Average is set for a unanimously bullish start to the new year and decade, as all 30 of the Dow's components were gaining ground in... AAPL opens at $297. When next week will it hit $300?
Source: MarketWatch - 🏆 3. / 97 Read more »