US indices continue the winning streak
- US Market
- 5 months ago
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