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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 have risen markedly, while the S & P 500 and Nasdaq have updated their record highs, as the US and Mexico reached a trade agreement.
In addition, as shown by data provided by the Federal Reserve Bank of Dallas, in July, the business activity of Texas producers declined moderately, contrary to the forecasted improvement. According to the report, the Dallas Federal Reserve's manufacturing index in August fell to 30.9 points from 32.3 points in July. Analysts had expected the index to rise to 36.9 points.
Oil prices rose slightly on Monday amid a committee monitoring the oil production restriction deal, said more than 100% of the fulfillment of the OPEC + agreement in July. However, the ongoing trade dispute between the US and China limited the increase in quotations.
Most DOW components completed the plus (26 of 30). The leader of growth was the shares of The Goldman Sachs Group, Inc. (GS, + 3.12%). Outsider were shares Pfizer Inc. (PFE, -1.99%).
Almost all sectors of S & P recorded a rise. The industrial goods sector grew most (+ 1.2%). The decrease was shown only by the utilities sector (-0.4%).
At closing:
Dow 26,049.64 +259.29 +1.01%
S & P 500 2,896.74 +22.05 + 0.77%
Nasdaq 100 8,017,90 +71.92 +0.91%
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