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

US stocks extend record highs amid trade-positive sentiment

Economies.com
2019-11-26 23:02PM UTC

US stocks continued to rally on Tuesday, lifted by the widespread optimism in global markets over the US-China trade talks, which prompted Wall Street to all-time highs.

 

After upbeat remarks by officials from China and the US, they seem to be very close for the draft of the phase one trade deal, which is what President Donald Trump confirmed in a statement.

 

While in China is concerned about the US refusal to rollback the tariffs, which might delay the negotiation for the second phase of the trade deal after the 2020 US presidential election.

 

US consumer confidence fell to 125.5 this month from 126.1 in October, government data showed.

 

Official data showed today that the US consumer confidence for November fell to 125.1 points vs 126.1 in October.

 

To the oil market, West Texas Intermediate (WTI) rose by 0.7% to close at $58.42, and hit a high of $58.5 and a low of $57.7.

 

Brent prices gained 0.9% to $64.27 a barrel, with a high of $64.2 and low of $63.4.

 

As for stocks, Dow Jones rose 0.2% or 55 points and settled at 28,121, with an intraday high of 28,146 and a low of 28,042.

 

Nasdaq added 0.2% or 15 points to 8,648, with a high of 8,659 and a low of 8,625.

 

S&P 500 rose by 0.2% or 7 points to close at 3,140, and hit a high of 3,142 and a low of 3,131.

American Markets News

Americas News

Markets

Wall Street inches down as investors assess US trade decisions
2025-07-08 15:31PM UTC
US stock indices declined slightly during Tuesday trading as markets continued to assess the trade ...
Americas News

Markets

Wall Street declines despite positive remarks on trade
2025-07-07 15:38PM UTC
U.S. stock indices declined during Monday trading as markets assessed the latest developments in ...
Americas News

Markets

Wall Street ends higher with both NASDAQ and S&P 500 marking fresh record highs
2025-07-03 18:31PM UTC
U.S. stock indices rose on Thursday in a shortened trading session ahead of a holiday break, with ...