U.S. Stocks Open With Modest Gains; Dow Sees Triple-Digit Rise

U.S. stocks opened flat to slightly higher Wednesday, a day after a rally that left major indexes near all-time highs as investors looked past rising U.S.-China trade tensions to remain focused on strong economic fundamentals.

The S&P 500 rose 0.2% to 2,910.61, while the Dow Jones Industrial Average gained around 104 points to trade near 26,350, a gain of 0.4%. The Nasdaq Composite was up 0.2% at 7,970.27.

Source : Market Watch

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Sumber : bpfnews.com

Nikkei nears 8-month highs; insurers rally after U.S. yields rise

Japan’s Nikkei extended its gains to near eight-month highs on Wednesday as investors took heart from a strong performance in Wall Street despite lingering trade war concerns, with financial stocks rallying after U.S. yields jumped.

The Nikkei share average jumped 1.6 percent to 23,804.65 in midmorning trade, the highest level since late January. If the Nikkei tops 24,129.34 hit on Jan. 23, it will be the highest point since November 1991.

The broader Topix also notched a new milestone, rising 1.6 percent to hit more than a three-month high of 1,787.36.

While foreign investors have been net sellers of Japanese stocks to the tune of 7.5 trillion yen so far this year, there are some bright spots, analysts said.

Reuters

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U.S. Stocks Open Slightly Higher In Effort to Shrug Off U.S.-China Trade Tensions

U.S. stocks opened slightly higher Tuesday as investors attempted to look past the intensifying U.S.-China trade battle.

The Trump administration on Tuesday followed through on a threat to impose tariffs on an additional $ 200 billion of Chinese imports, prompting Beijing to vow retaliation.

The S&P 500 rose 0.1% to 2,892.22, while the Dow industrials rose 37.96 points, or 0.1%, to 26,100.08. The Nasdaq Composite gained 0.2% to 7,909.41.

Source : Market Watch

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Sumber : bpfnews.com

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