img-news

US markets rally as investors await Trump's speech

  • Regular
  • US Market
  • 5 months ago
  • 70

U.S. indices posted gains as investors eagerly awaited President Donald Trump's latest State of the Union address while the corporate earnings season rolled on.

The Dow Jones Industrial Average closed 172.15 points higher at 25,411.52, led by Apple and Intel, while the S&P 500 climbed 0.47% to 2,737.70 on the back of gains from the tech, communications services and consumer discretionary sectors.

The Nasdaq Composite gained 0.7% to close at 7,402.08.

Trump's address is eagerly awaited as it comes more than a week after the longest government shutdown in U.S. history came to an end. Investors should be looking for clues on a number of matters, including U.S.-China trade talks.

 

Source: Smart Trend Team