Home https://server7.kproxy.com/servlet/redirect.srv/sruj/smyrwpoii/p2/ Business https://server7.kproxy.com/servlet/redirect.srv/sruj/smyrwpoii/p2/ What happened to the stock market on Monday: The S&P 500 changed little

What happened to the stock market on Monday: The S&P 500 changed little



A trader works before the New York Stock Exchange's (NYSE) closing bell on September 20, 2019 in New York.

Johannes Eisele | AFP | Getty Images

The Dow Jones Industrial Average rose 30 points

to gain 30.52 points, or 0.11%, to 27,492.63 on Tuesday. fell 0.12% to 3,074.67. increased by 0.02% to 8,434.68 points. With three consecutive winnings, Dow and Nasdaq updated their records on Tuesday.

Signs of Trade Progress?

While the United States and China are considering a new place to sign the so-called "phase one" trade deal, China is pushing for more tariff concessions. The country is pushing for tariffs to be abolished on some $ 1

25 billion of Chinese goods imposed in September as part of a limited deal, according to a statement Monday night. Although encouraging, the news was not enough to turn investors into a resolution between the two largest countries in the world.

Better-than-expected economic data

Tuesday's low-rise aid was strong data for the US services sector, the ISM Non-Production Index reached 54.7 in October, outperforming analysts' estimates. Dow Jones of 53.5. Reading is a sign of relief after the manometer dropped to a three-year low in September. The services sector, which accounts for more than two-thirds of US economic activity, has grown for 117 straight months, according to ISM.

Boeing, Shake Shack, and Uber tank jumps

What happens next? [19659004] Investors will receive earnings reports from leading companies on Wednesday, including Roku and CVS. Wall Street will also review the preliminary reading on US workers' productivity in the third quarter. Read more here.


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