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US stock futures wavered as Wall Street digested the progress on US-China trade negotiations, a fresh legal ruling on President Trump tariffs, and braced for the release of the May inflation report.
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TV News Check on MSNDow Adds 105, Nasdaq Climbs 124, S&P 500 Rises 33U.S. stocks drifted closer to their record Tuesday as Wall Street waits to see what U.S.-China talks will bear. The post Dow Adds 105, Nasdaq Climbs 124, S&P 500 Rises 33 appeared first on TV News Check.
Wall Street's major averages look for direction on Tuesday, as attention stayed on any developments from the U.S.-China trade talks held on Monday, while investors also awaited inflation data. Early on and the S&P 500 (SP500) was +0.
U.S. stocks were again bouncing back to hover near session highs in the final hour of trading Tuesday. The Dow Jones Industrial Average was rising over 100 points, or 0.2%, to trade at around 42,867 as of 3:10 p.
Dow Jones gained some ground in quiet trading. Nike, which was up by 3.3%, was the best performer in the Dow Jones index today. The stock tested multi-week highs as traders bet that the company’s performance will recover from the blow dealt by trade wars.
All three major U.S. stock indexes closed in positive year-to-date territory simultaneously for the first time since Feb. 21. The S&P 500, Nasdaq Composite, and Dow Jones Industrial Average all rose by 1%,
The Dow Jones, Nasdaq 100, and S&P 500 indices have moved sideways in the past few weeks as the recent momentum stalled. The S&P 500 Index is stuck at $6,000, its highest point since February 24, and 24% above its lowest point this year.
Live Updates Live Coverage Updates appear automatically as they are published. Wall Street Cautious on MCD 10:02 am by Gerelyn Terzo Morgan Stanley has turned more cautious on fast-food giant McDonald’s (NYSE: MCD),