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US indices rally with the Nasdaq rising over 1%

  • Regular
  • US Market
  • 1 week ago
  • 9

U.S. markets ended the day’s exchange on a high as there are positive comments from both U.S. and China officials regarding the ongoing trade talks, along with that there are 97 S&P 500 companies awaiting to publish their earning figures later today.

The DJIA and the S&P 500 both advanced by 0.7% while the Nasdaq rallied by 1.2%.

Tesla rose by 0.2% following the electric auto manufacturer announcement that it would acquire Maxwell Technologies Inc. in a deal that would value the energy-solutions provider at $217.9 million.

Clorox Co. rose by 5.7% after the consumer products company announced fiscal second-quarter earnings that surpassed Wall Street expectations.

 

 

Source: Smart Trend Team