Trending: Oil | Gold | BITCOIN | EUR/USD | GBP/USD

Tech gains push Nasdaq to post second straight record close

Economies.com
2020-06-23 20:50PM UTC

US stock indices rose on Tuesday, lifted by President Donald Trump's remarks on the US trade deal with China, and Nasdaq posted its 21st record close this year and the second straight.

 

Data showed today the US services PMI rose to 46.7 points in June vs. 37.5 points in May, and the manufacturing PMI rose to 49.6 points in June vs. 39.8 points in May.

 

US trade adviser Peter Navarro said that the US-China agreement is over, and the White House might abandoned the agreement, but President Trump has denied these statements, and said that the China trade deal is fully intact and his country will continue to live up to the terms of the agreement after signing it in mid-January.

 

To the oil market, West Texas Intermediate crude fell 0.9% to close at $40.37 a barrel, after it hit a high of $41.6 and a low of $39.7.

 

Brent fell 1% to $42.63 a barrel, with a high of $43.9 and a low of $42.2.

 

As for stocks, Dow Jones rose 0.5% or 131 points to close at 26,156, with a day high of 26,314 and a low of 26,105.

 

Nasdaq rose 0.7% or 75 points to its all-time record close of 10,131, after hitting a high of 10,221 and a low of 10,112.

 

S&P 500 added 0.4% or 13 points to 3,131, with today high at 3,154 with a low of 3,127.

American Markets News

Americas News

Markets

Wall Street dips on Middle East tensions, mixed corporate results
2026-04-23 15:13PM UTC
Major U.S. stock indices edged lower on Thursday as investors awaited clearer signals regarding the ...
Americas News

Markets

NASDAQ, S&P 500 drop amid mounting US-Iran tensions
2026-04-20 14:43PM UTC
The S&P 500 and Nasdaq Composite retreated from record highs on Monday following a strong Wall ...
Americas News

Markets

U.S. stocks surge as Dow Jones jumps over 1000 points
2026-04-17 15:06PM UTC
U.S. stocks surged on Friday after Iran announced the "full" reopening of the Strait of Hormuz to ...