Market Report - Us Close
Wall Street closed at fresh record highs on Friday following upbeat remarks from two top US administration officials regarding the chances of a preliminary trade deal with China.
Stocks on Wall Street finished mixed but little changed on Thursday, as market participants continued to focus on trade developments between the world's two largest economies.
US stocks finished mixed on Wednesday, as market participants digested Federal Reserve chairman Jerome Powell's testimony to the Joint Economic Committee of Congress.
Stocks closed on a mixed note on Tuesday, with the Dow Jones Industrials falling just short of registering its tenth record close of the year.
The Dow Jones continued its record-setting rally on Monday after some positive news from Boeing erased a 135-point decline in early trade, while the other major indices closed lower as market participants continued to closely monitor goings-on in US-China trade talks and demonstrations in Hong Kong.
US trading closed on a somewhat mixed note on Friday following a record close for the Dow Jones in the previous session, as Donald Trump said no agreement had been struck to roll back tariffs on China.
US stocks finished higher on Thursday, as Beijing and Washington agreed to roll back tariffs on each other's goods as part of an effort to secure a phase-one trade deal.
Stocks finished in a mixed fashion by the close in New York on Wednesday, following a report that a phase one trade deal between Washington and Beijing could be delayed until December.
Stocks on Wall Street finished in a mixed state on Tuesday, amid continued positive comments coming out of the ongoing US-China trade talks, and after the release of some surprising economic data.
All three of Wall Street's main market gauges hit fresh record highs on Monday, as investors grew increasingly optimistic that a trade deal will be struck between the US and China.
Trading on Wall Street finished the week on a very strong note, with surpisingly strong readings on the US jobs market and Chinese manufacturing sending the S&P 500 and Nasdaq Composite to fresh record highs.
Wall Street's main market gauges finished negatively on Thursday, on the back of reports calling into question the chances of a long-term US-China trade deal being signed.
Wall Street indices finished in the green on Wednesday, as the Federal Reserve sated investor expectations and confirmed a 25 basis point cut to its interest rate targets, but strongly suggested that was the end of its easing cycle for the moment.
Wall Street's main stock market gauges closed in the red on Tuesday, after a session which started downbeat following a poor set of quarterly results from technology giant Alphabet overnight, while traders also kept a wary eye on the start of a two-day meeting of rate-setters at America's Federal Reserve.
Wall Street markets finished in the green on Monday, as the S&P 500 hit a fresh record high close on the back of additional positive headlines around the US-China trade war and bullish calls from some of Wall Street's largest investment banks.
US stocks closed higher on Friday as investors mulled over the latest quarterly figures from the likes of Microsoft and Tesla, as well as a disappointing set of results from Amazon.
US stocks turned in a mixed performance on Thursday as the busiest day of the earnings season kicked off amid fresh headlines around the ongoing US-China trade talks.
US stocks closed higher on Thursday as shares in bellwether Caterpillar sank on the back of a significant earnings miss and a downgrade to its full-year outlook were offset by some positive headlines regarding Boeing's 737 Max aircraft.
Wall Street finished in the red on Tuesday, as investors continued to focus on US-Sino trade news and thumbed through a slew of earnings from some of the country's top firms.
Trading on Wall Street finished as it started on Monday - in the green - thanks to positive headlines around the US-China trade talks emanating from Beijing and Washington, and increasing optimism that the UK would be able to avoid crashing out of the European Union.