Stocks jumped in early trading Thursday after President Donald Trump said China and the U.S. were zeroing in on a trade deal, lifting hope that an agreement will be reached before a key deadline. The S&P 500 hit a record high, rising 0.9%. The Dow Jones Industrial Average traded 260 points higher, or 0.9%. The Nasdaq Composite advanced 0.8% and reached an…
Investing.com – The S&P 500 index nearly closed above 3,000 Thursday for the first time in four weeks on news that a possible deal for the U.K. to exit the EU has been negotiated and a Turkish agreement for a five-day cease fire in Syria. The S&P 500 moved up 0.28%, finishing just under 2,998…
Stocks plunged on Friday after President Donald Trump ordered that U.S. manufacturers find alternatives to their operations in China. Apple led the way lower. The Dow Jones Industrial Average closed 623.34 points lower, or 2.4% at 25,628.90. The S&P 500 slid 2.6% to close at 2,847.11. The Nasdaq Composite dropped 3% to end the day…
Stocks rallied to the highest level in six weeks as signs the U.S. and China are closing in on a trade truce and stronger factory numbers boosted investor confidence in the global economy. Treasuries slid and the dollar gained. The S&P 500 Index advanced for a fourth week, the longest streak since August, as technology…
Gold is soaring, set for the biggest monthly gain in almost two years after the partial U.S. government shutdown and concerns about the 2019 economic outlook stoked demand for the metal as a haven. Gold futures touched a six-month high as U.S. stocks remain volatile and the shutdown in Washington enters its fifth day amid…