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S&P 500 Reaches New Record Closing High After Early Pullback
Stocks moved modestly lower early in the session on Wednesday but regained ground over the course of the trading day. The major averages climbed well off their early lows and into positive territory, with the S&P 500 once again reaching a new record closing high.
The major averages ended the day modestly higher. The S&P 500 rose 14.57 points or 0.2 percent to 6,144.15, the Dow climbed 71.25 points or 0.2 percent to 44,627.59 and the Nasdaq inched up 14.99 points or 0.1 percent to 20,056.25.
The strength that emerged on Wall Street came as traders shrugged off early concerns about a global trade war even as President Donald Trump said he plans to impose tariffs on U.S. imports of automobiles, pharmaceuticals and semiconductors.
Trump said the 25 percent tariffs could be imposed as early as April […]
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S&P 500 Finishes Choppy Trading Day At Record Closing High
Stocks showed a lack of direction throughout much of the trading session on Tuesday, extending the lackluster performance seen during last Friday’s session. The major averages moved to the upside going into end the day, however, with the S&P 500 reaching a new record closing high.
The major averages all posted modest gains on the day. The S&P 500 rose 14.95 points or 0.2 percent to 6,129.58, the Nasdaq inched up 14.49 points or 0.1 percent to 20,041.26 and the Dow crept up 10.26 points or less than a tenth of a percent to 44,556.34.
The choppy trading on Wall Street came as some traders remained on the sidelines following the Presidents’ Day holiday on Monday.
Traders may also have been expressing some uncertainty about the outlook for markets after last week’s strong gains lifted the Nasdaq […]
