The Business Times

US: S&P 500, Dow open at record highs on trade deal optimism

Published Thu, Nov 7, 2019 · 02:47 PM
Share this article.

[NEW YORK] The S&P 500 and Dow Jones indexes hit record highs on Thursday, helped by gains in technology stocks on signs of progress in US-China trade relations and a fresh batch of largely upbeat earnings reports.

The Dow Jones Industrial Average rose 97.60 points, or 0.36 per cent, at the open to 27,590.16.

The S&P 500 opened higher by 10.24 points, or 0.33 per cent, at 3,087.02. The Nasdaq Composite gained 44.48 points, or 0.53 per cent, to 8,455.11 at the opening bell. 

REUTERS

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Capital Markets & Currencies

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here