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All the main indices are up this week

18 January, 2019 at 07:01

After slight plunge on the Thursday morning related to the weak banking positions in the market US stocks climbed in the afternoon after the Wall Street Journal reported that U.S. officials could reduce the new tariffs on Chinese imports as part of trade negotiations between the two countries.  It was the latest in a series of potentially conflicting updates on the trade dispute. So, we can tell that the despite the partial shutdown, the US government still tries its best to solve the trade problem with china and there are some potential outcomes on the horizon, according to the Wall Street Journal.

On Thursday:

  • The S&P 500 index rose 19.86 points, or 0.8 percent, to 2,635.96.
  • The Dow Jones Industrial Average gained 162.94 points, or 0.7 percent, at 24,370.10.
  • The Nasdaq composite added 49.77 points, or 0.7 percent, to 7,084.46.
  • The Russell 2000 index of smaller-company stocks climbed 12.55 points, or 0.9 percent, to 1,467.25.

            All the main indices are up this week, so we can tell with the confidence that the stock market is back on track and situation is getting confidence and stability in the financial markets.

For the week:

  • The S&P 500 is up 39.70 points, or 1.5 percent.
  • The Dow is up 374.15 points, or 1.6 percent.
  • The Nasdaq is up 112.99 points, or 1.6 percent.
  • The Russell 2000 is up 19.86 points, or 1.4 percent.