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US indices continue the winning streak

  • Regular
  • US Market
  • 5 months ago
  • 92

US indices maintained their winning streak as positive news came from the current trad stand-off between Washington and Beijing that Trump’s administration may be willing to ease some of the tariffs imposed.

The DJIA erased earlier losses to close higher by 0.7%, this was mainly due to Morgan Stanley’s poor performances in earnings and revenues which cause its shares to fall by 4%.

On a different note Caterpillar shares rose by 2.2%, while Boeing increased by 2%.

The S&P 500 gained 0.8% and the Nasdaq also enjoyed a surge of 0.7%.

 

Source: Smart Trend Team