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- The major US stock indexes finished trading in positive territory
The major US stock indexes finished trading in positive territory
Major US stock indices rose on Tuesday, supported by encouraging earnings reports, as well as hopes that the US and China will be able to resolve their tariff dispute.
The dynamics of the market were also influenced by yesterday's comments of US President Donald Trump, who criticized the head of the Fed Jerome Powell for his policy of gradual raising interest rates, and accused the EU countries and China of manipulating the exchange rates of national currencies.
Quotes of oil rose to a maximum in a week, helped by the prospect of price support from US sanctions against Iran, although the trade dispute between Washington and Beijing kept traders and analysts cautious.
Most DOW components recorded a rise (19 out of 30). The leader of growth was shares of Intel Corporation (INTC, + 2.41%). Outsider were the shares of Merck & Co., Inc. (MRK, -1.43%).
Most sectors of S & P completed the auction in positive territory. The sector of industrial goods grew most (+ 1.0%). The most significant decline is in the utilities sector (-0.6%)
At closing:
Dow 25,822.29 +63.60 +0.25%
S&P 500 2,862.96 +5.91 +0.21%
Nasdaq 100 7,859.17 +38.17 +0.49%
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