US stocks open at new record highs

2020-02-12 15:52:31 GMT (Economies.com)
US stocks open at new record highs

The main US stock indices rose at Tuesday's opening sessions, reaching their all-time highs, as anxiety over the coronavirus outbreak started to diminish.

 

Chinese government officials stated that the spread of the coronavirus started to show signs of slowdown, which indicates containing the virus outbreak very soon.

 

President Donald Trump expressed yesterday that he expects the virus to be eliminated by April as temperatures start to rise.

 

While Chinese President Xi Jinping’s told President Trump, that Beijing will commit to its pledges in the Phase-One trade agreement, however, US officials are doubtful about the China ability fulfil that due to the coronavirus impact.

 

As for stocks, Dow Jones was higher by 0.9% or 256 points to trade at 29,530 as of 15:02 GMT, Nasdaq added 0.5% or 51 points to 9,689, and S&P 500 added 0.4% or 14 points to 3,372.

 
 
 
  Symbol Last Change Chg.%
1.1240
-0.0037
0.3259%
1.2469
0.0161
1.3113%
Tadawul
7312.24
58.91
0.81%
18.021
0.242
1.364%
40.045
1.270
3.275%
42.51
-0.60
1.39%
1774.650
3.035
0.171%
 
 
US
 
Europe
 
Asia