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Dow logs 290-point gain after trade-war truce, but dip below 3% for 10-year reflects some caution
U.S. stocks finished sharply higher Monday after the market reacted optimistically to U.S. and China over the weekend calling a temporary truce to their trade dispute. The Dow Jones Industrial Average DJIA, +1.13% ended up about 290 points, or 1.1%, at 25,826, but had been up by as many as 442 points in early morning action. The S&P 500 index SPX, +1.09% closed 1.1% higher at 2,790, powered by gains in the energy sector XLE, +0.03% on the back of a surge in crude-oil futures CLF9, +4.46% while the consumer-discretionary sectors XLP, -0.02% also was among the best performing sectors among the S&P 500's 11 on the day. The Nasdaq Composite Index COMP, +1.51% advanced 1.5% at 7,442.
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https://www.marketwatch.com/story/dow-lo...2018-12-03
U.S. stocks finished sharply higher Monday after the market reacted optimistically to U.S. and China over the weekend calling a temporary truce to their trade dispute. The Dow Jones Industrial Average DJIA, +1.13% ended up about 290 points, or 1.1%, at 25,826, but had been up by as many as 442 points in early morning action. The S&P 500 index SPX, +1.09% closed 1.1% higher at 2,790, powered by gains in the energy sector XLE, +0.03% on the back of a surge in crude-oil futures CLF9, +4.46% while the consumer-discretionary sectors XLP, -0.02% also was among the best performing sectors among the S&P 500's 11 on the day. The Nasdaq Composite Index COMP, +1.51% advanced 1.5% at 7,442.
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https://www.marketwatch.com/story/dow-lo...2018-12-03
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