US stocks trade higher amid trade optimism
Wednesday - October 3, 2018 1:44 am ,
Category : BUSINESS
US stocks trade higher amid trade optimism
New York Oct 3 (IANS) US stocks traded on an upbeat note on Tuesday as investor sentiment was lifted by the news that Canada joined the US and Mexico in a new trade deal.
The Dow Jones Industrial Average rose 132.79 points or 0.50 per cent to 26 784.00. The S&P 500 was up 6.09 points or 0.21 per cent to 2 930.68 Xinhua news agency reported.
The Nasdaq Composite Index climbed 14.37 points or 0.18 per cent to 8 051.67.
All three major indices reversed early losses. The Dow s gains were led by Intel stock.
Shares of the company jumped more than 5 per cent around midday. Trade-sensitive stocks Caterpillar and Boeing advanced 1.41 per cent and 1.09 percent respectively.
Apple shares also gained more than 1 per cent.
Eight of the 11 primary S&P 500 sectors traded higher with utilities up 1.38 per cent leading the winners. Tech sector rose 0.46 per cent underpinning the tech-heavy Nasdaq.
--IANS pgh/
The Dow Jones Industrial Average rose 132.79 points or 0.50 per cent to 26 784.00. The S&P 500 was up 6.09 points or 0.21 per cent to 2 930.68 Xinhua news agency reported.
The Nasdaq Composite Index climbed 14.37 points or 0.18 per cent to 8 051.67.
All three major indices reversed early losses. The Dow s gains were led by Intel stock.
Shares of the company jumped more than 5 per cent around midday. Trade-sensitive stocks Caterpillar and Boeing advanced 1.41 per cent and 1.09 percent respectively.
Apple shares also gained more than 1 per cent.
Eight of the 11 primary S&P 500 sectors traded higher with utilities up 1.38 per cent leading the winners. Tech sector rose 0.46 per cent underpinning the tech-heavy Nasdaq.
--IANS pgh/
