Stocks rose sharply at the open on the first day of March, as Wall Street built on its best start to a year in nearly three decades.
div > div.group > p:first-child"> The Dow Jones Industrial Average jumped 200 points as shares of Nike and Boeing outperformed. The S&P 500 climbed 0.7 percent, led by gains in the consumer discretionary and tech sectors. The Nasdaq Composite also advanced 0.7 percent.
This could mean further gains for investors as the year goes on. Data compiled by LPL Financial show that, in 25 of 27 occasions since 1950, the S&P 500 has posted gains in the final 10 months after rising in January and February. Bloomberg News reported Thursday that U.S. officials are getting a final trade deal ready for President Donald Trump and Chinese President Xi Jinping to sign around mid-March.
But while stocks have been on a tear the first two months of the year, they have traded in a tighter range recently. The S&P 500 was down for the week through Thursday's close as the index tries to break above 2,800, a level closely watched by investors and traders.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Markets Right Now: Stocks are opening higher on Wall Street
Leer más »
U.S. stocks edge downward as Wall Street takes a pauseWall Street's main indexes fell slightly on Thursday as support from better...
Leer más »
Ex-Fed's Dudley: Wall Street should stop blaming the central bank every time stocks dropDudley, who retired from the Fed in June 2018, said the central bank's actions have become a 'convenient whipping boy.'
Leer más »
Wall Street is having its best start to the year in nearly three decadesDecreasing trade tensions with China and less fear about rate hikes from the Federal Reserve have helped push stocks higher.
Leer más »
Wall Street is having its best start to the year in nearly three decadesDecreasing trade tensions with China and less fear about rate hikes from the Federal Reserve have helped push stocks higher.
Leer más »
Big Pharma Survives Hearings, but Watch OutHeard on the Street: The Senate's hearing on drug pricing didn’t cause much of a stir on Wall Street, but investors in drug stocks would be wise to note the tough tone
Leer más »
Wall Street futures bounce as focus shifts to inflation, factory dataU.S. stock index futures bounced on Friday, setting up Wall Street's main i...
Leer más »
Gap shares surge 25 percent as Wall Street praises splitGap Inc shares surged 25 percent on Friday as a number of Wall Street analysts l...
Leer más »
Nordstrom profit beats Wall Street, helped by discount storesDepartment store operator Nordstrom Inc on Thursday reported better-than-expecte...
Leer más »
This gallery on Black Wall Street is bringing artists together to address Tulsa's racist pastThe series aims to be a platform for artists, especially black artists, to showcase talents. Beyond that, the purpose of the exhibition is to create positive relationships between communities in Tulsa that have long been marred by the city’s racist past
Leer más »