Nasdaq claws back earlier losses as Dow closes higher

Economies.com
2019-09-10 21:39PM UTC

Most US stocks stabilized today and erased their earlier losses, which led Dow Jones to close higher for the fifth straight day.

 

Amid uncertainty in the markets after Trump had fired national security adviser John Bolton due to deep fundamental disagreements between them, and added that he will nominate a new figure for the post by next week.

 

The markets are also anticipating the ECB interest rate decision this Thursday with forecasts of rate cut to negative interest to support the European economy.

 

In the oil market, WTI rose fell by 0.8% to close at $57.40 a barrel, with a high of $58.7 and a low of $57.3 .

 

Brent fell by 0.3% to $62.38 a barrel, with a high of $63.7 and a low of $62.3.

 

Dow jones rose by 0.3% or 74 points to close at 26,909 points, with an intraday high of 26,909 and a low of 26,717.

 

Nasdaq slipped by 3 points to 8,084, a high of 8,086 and a low of 8,001.

 

S&P 500 shed only 1 point to 2,979, with a high of 2,979 and a low of 2,957.

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