Stocks climbed higher at the close, hitting new all-time highs, as the year-end rally continues. Shares of Boeing led the gains, jumping 2.7% after the company ousted CEO Dennis Muilenburg amid the 737 Max crisis.
Investors cheered the news that China will cut import tariffs on a wide range of goods. China's finance ministry announced starting January 1, it willranging from frozen pork to some types of semiconductors. China is making efforts to boost imports amid a slowing economy and a trade war with the U.S.
Wall Street posted fresh record highs on Friday as stocks continued to rally on the back of an easing of geopolitical risks. The S&P 500 was up more than 1.5% last week and posted its fourth consecutive weekly gain. The benchmark has risen for the eighth time in the past nine sessions and rallied 28.6% for 2019 through Monday's close.
The U.S. stock market closes at 1 p.m. ET on Tuesday for Christmas Eve and is closed on Wednesday for Christmas. Thursday and Friday are regular trading days.has historically given the stock market a short boost. During the final five trading days of the year and the first two tradings days of the new year, the S&P 500 has posted a 1.3% gain on average since 1950, according to the Stock Trader's Almanac.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Boeing seen adding nearly 70 points to Dow industrials after Muilenburg out as CEOThe Dow Jones Industrial Average was poised to gain Monday morning at the start of trade after shares of Boeing Co. announced named Chairman David Calhoun as...
Lire la suite »
Australia wildfires map: New South Wales fires 'out of control,' nearly 100 fires still burningAlthough conditions are easing, relief won't come for a few weeks when heavy rainfall is expected.
Lire la suite »
How to watch 100-plus new holiday TV movies right before ChristmasHallmark, Lifetime, Netflix and others are giving you more than 100 new Christmas TV movies. Here's what to expect and when they'll air.
Lire la suite »
Stormzy says UK is ‘100 percent’ racist and points finger at Boris JohnsonThe U.K. is “100 percent” racist and Boris Johnson is making matters worse, according to grime artist Stormzy
Lire la suite »
100 photos that defined the decadeThese are the images we will remember from the past 10 years.
Lire la suite »
More than 100 boats in California exempted from Coast Guard fire safety rules, Times data showsNationwide, 322 vessels, including the dive boat that burned in California's worst maritime disaster, were allowed to skip rules on escape hatches and fire prevention systems, a Times analysis shows.
Lire la suite »