Saturday, December 28, 2019

December 27th Nasdaq at record above 9,000 points for first time

Stocks close at historic highs, Nasdaq finishes above 9,000 points for the first time. NEW YORK — The Nasdaq Composite logged its tenth record in a row on Thursday and finished above 9,000 points for the first time ever. The index closed up 0.8%. Its the index's longest winning streak since July 2009.1 day ago

Top stories

More for stocks close at historic highs, nasdaq finishes above 9,000 points

Web results

begin quote from:

Stocks close at historic highs, Nasdaq finishes above 9000 ...


https://www.cnn.com › 2019/12/26 › investing › nasdaq-record-9000
1 day ago - New York (CNN Business) The Nasdaq Composite logged its tenth record in a row on Thursday and finished above 9,000 points for the first time ever. The index closed up 0.8%. Its the index's longest winning streak since July 2009.

Stocks close at historic highs, Nasdaq finishes above 9,000 points for the first time

Anneken Tappe
By Anneken Tappe, CNN Business
Updated 8:51 AM ET, Fri December 27, 2019
Wharton Professor: Broad trade deal with China could lift stocks 10%
New York (CNN Business)The Nasdaq Composite logged its tenth record in a row on Thursday and finished above 9,000 points for the first time ever. The index closed up 0.8%.
Its the index's longest winning streak since July 2009. The Nasdaq (COMP) has gained some 36% in 2019, putting it on track to make 2019 its best year since 2013.
Amazon (AMZN) was the most traded stock. Shares of the online retailer rose more than 4% after the company said it had its best holiday season on record.
Stocks rose across the board as investors were coming back from the Christmas holiday when markets were closed. The Dow (INDU) closed up 0.4%, or 106 points, and the S&P 500 (SPX) ended up 0.5%. Both closed at historic highs.
    Despite the records, it is a quiet day on Wall Street, and European exchanges are closed for Boxing Day. Over the holiday period, trading volume and activity slows down, which can exaggerate stock market moves.
    In the commodities space, US oil prices climbed to a three-month high. Prices rose to as much as $61.83 per barrel -- a level not seen since September. They settled 0.9% higher at $61.68 a barrel.
      Optimism about trade pushed prices up and helps the outlook for global economic growth -- and with it demand for oil.
      Correction: An earlier version of this story incorrectly stated when the Nasdaq's last record took place
      • PAID CONTENT
      at

      No comments:

      Post a Comment