Dow Jones rises more than 300 points on Trump's positive remarks

2019-06-18 15:19:42 GMT (Economies.com)
Dow Jones rises more than 300 points on Trump's positive remarks

US stocks rose during today's trading, especially after positive comments from President Donald Trump, as attention shifted towards the Fed meeting.

 

Economic data showed that the pace of home construction in the US fell by 0.9% to 1.269 million units last month, and the building permits rose by 0.3% to 1.294 million.

 

Trump said he would meet Chinese President Xi Jinping on the sidelines of the G20 summit, despite his remarks that he was not interested in such a meeting.

 

The US president stressed that the presence of Xi Jinping summit is good, noting that he had previously threatened to impose more tariffs against Beijing if the Chinese president did not attend the summit.

 

In terms of trade, Dow Jones rose by 1.3% (345 points) to 26,459 points, Nasdaq rose 1.9% (151 points) to 7,996 points, while Standard & Poor's rose by 1.3% (1.3 points) to 2,926 points.

 
 
 
  Symbol Last Change Chg.%
1.1029
-0.0004
0.0326%
1.2607
-0.0030
0.2410%
17.461
-0.069
0.394%
54.475
-0.338
0.616%
60.51
1.41
2.39%
1484.675
-2.510
0.169%
 
 
US
 
Europe
 
Asia