Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  News  >  Markets

News : Markets
Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesBusiness LeadersFinance ProfessionalsCalendarSectors 

Dow joins S&P 500, Nasdaq at record highs

share with twitter share with LinkedIn share with facebook
share via e-mail
0
11/04/2019 | 05:08pm EST

The Dow joined the S&P 500 and the Nasdaq in setting new record highs on Monday.

But investors were far from jumping into the market with both feet as gains were modest across the board.

Economic data may have limited the rally. U.S. factory orders saw a bigger-than-expected drop in September, in a sign the manufacturing sector remains weak.

On the flip side, Wall Street was upbeat on hopes the so-called phase one trade deal between the U.S. and China was moving along.

Commerce Secretary Wilbur Ross added to optimism by hinting over the weekend that U.S. companies may soon be able to sell components to Chinese telecom giant Hauwei, lifting a ban that's been in place since May.

Suppliers to Huawei, particularly semiconductors were strong on the back of that news.

Sticking with company news: shares of McDonald's fell after CEO Steve Easterbrook, the architect of much of the fast-food giant's recent success, was fired for having a consensual relationship with an employee.

Meanwhile, shares of Under Armour had their worst day in two years. Not only did the company lower its full-year guidance, it confirmed it's the target of a federal probe into its accounting.

Stocks mentioned in the article
ChangeLast1st jan.
DJ INDUSTRIAL 0.39% 27875.62 Delayed Quote.19.26%
NASDAQ 100 0.08% 8272.052514 Delayed Quote.31.73%
NASDAQ COMP. 0.16% 8519.884826 Delayed Quote.29.17%
S&P 500 0.22% 3110.29 Delayed Quote.23.80%
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news "Markets"
04:03pTSX falls 0.26% to 16,954.84
RE
01:51pLONDON STOCK EXCHANGE : FTSE enjoys best day since July; mid-caps gain for fourth week
RE
01:28pWALL STREET STOCK EXCHANGE : U.S. Stocks Rise as China Calls for Better Communication on Trade
DJ
12:33pEUROPE : Positive trade cues help European stocks wrap up dour week on an upbeat note
RE
11:43aWALL STREET STOCK EXCHANGE : U.S. Stocks Waver as China Calls for Better Communication on Trade
DJ
10:11aWALL STREET STOCK EXCHANGE : U.S. Stocks Climb as China Calls for Better Communication on Trade
DJ
09:47aWALL STREET STOCK EXCHANGE : U.S. Stocks Open Higher as China Calls for Better Communication
DJ
09:09aU.S. Futures Edge Higher as China Calls for Better Communication
DJ
08:15aWALL STREET STOCK EXCHANGE : S&P 500, Nasdaq Futures -- Technical Analysis
DJ
08:11aU.S. Futures Edge Higher as China Calls for Better Communication
DJ
Latest news "Markets"