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Shares Bounce Again; S&P 500 Reclaims 6K

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Wall Avenue’s noon momentum carried into the shut, with all three main indexes closing close to their session highs regardless of ongoing trade tensions. Traders additionally monitored earnings from a number of Huge Tech corporations, in addition to contemporary jobs openings information. The Dow and Nasdaq each completed with triple-digit wins, whereas the S&P 500 reclaimed the psychologically important 6,000 degree.

Proceed studying for extra on right this moment’s market, together with:

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5 Issues to Know At the moment 

  1. A Senate panel voted to advance Robert F. Kennedy Jr.’s nomination to guide the Division of Well being and Human Providers. (CNBC)
  2. Learn extra about China’s limited tariffs. (Reuters)
  3. Palantir Technologies stock hit a brand new report excessive.
  4. Revisit PayPal’s earnings.
  5. Two blue-chip drug stocks to look at.

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Gold Scores One other Report Excessive

Oil futures reversed earlier positive factors right this moment, after the U.S. imposed a further 10% tariff on Chinese language imports. Including to the stress, Beijing retaliated with its personal levies. March-dated West Texas Intermediate (WTI) crude misplaced 46 cents, or 0.6%, to settle at $72.70 per barrel.

One other day, one other all-time excessive for gold costs. Bullion hit an intraday excessive of $2,845.14, as buyers sought the safe-haven asset in response to all of the tariff information. The contract for February supply was final seen buying and selling 0.6% larger at $2,8873.70 an oz.

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The views and opinions expressed herein are the views and opinions of the writer and don’t essentially mirror these of Nasdaq, Inc.

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