US stocks keep gains as Nasdaq closes above 8,000 again
US stocks jumped today as the trade war concerns eased after positive statement from the US Treasury Department.
The US Treasury Department announced today that President Trump's administration decided to delay the tariffs increase on several Chinese imports until mid-December instead of September 1st.
Additionally, the Department intends to cancel tariffs on several other imports, but has not specified them.
US government released the consumer price index data, which rose by 0.3% last month, higher than forecasts of 0.2%.
In oil market, WTI rose by 4% to close at $57.10 per barrel, with a
high (highest close since July 31) at $56.7 and a low of $54.2.
Brent jumped by 4.7% to close at $61.3 per barrel, with a high of $61.5 and a low of $58.
Dow Jones rose by 1.4% or 372 points to close at 26,280 points, with a high of 26,427 and a low of 25,833.
Nasdaq rose 1.9% or 153 points to 8,016 points, with a high of 8,065 and a low of 7,851 points.
S&P 500 rose by 1.5% or 42 points to 2,926 points, with a high of 2,943 and a low of 2,877.
| Symbol | Last | Change | Chg.% | ||
|---|---|---|---|---|---|
|
|
|
1.1078
|
0.0026
|
0.2312%
|
|
|
|
|
1.2929
|
0.0001
|
0.0077%
|
|
|
|
Tadawul
|
8045.32
|
44.99
|
0.56%
|
|
|
|
|
17.166
|
0.212
|
1.250%
|
|
|
|
|
55.355
|
-2.439
|
4.221%
|
|
|
|
|
60.91
|
-1.53
|
2.45%
|
|
|
|
|
1473.980
|
6.000
|
0.409%
|
|
