US stocks fall across the board with every S&P sector losing ground as traders take some profits and look to set up portfolios for the end of the year.
U.S. stocks largely closed out the week steady near record levels on Friday, after the main indexes scored new intraday highs early in the day, but the Dow Jones Industrial Average managed to rise for three straight weeks and the benchmark S&P 500 index rose for a fifth consecutive week.
U.S. stocks hit new records on Thursday, with the Nasdaq Composite breaking through the 9,000 mark for the first time, powered by gains from Amazon.com and signs of a strong holiday season for retailers.
Stocks rang in another round of closing records Monday as investors focused on a report that China will cut import tariffs for frozen pork, pharmaceuticals and some high-tech components starting Jan. 1.
U.S. stock indexes again set records Friday, after encouraging U.S. economic data and optimism about international trade deals helped end the decade’s last full week of trading on a high note.
The S&P500 bull market is believed to be one of the longest in the history of the U.S. stock market. However, how does it compare to prior rallies during the last 100 years? Based on historical precedents, at what levels can the S&P500 peak?
Stocks lifted the major indexes to a trio of record closes, resuming a year-end rally. Consumer staples and technology stocks helped lead major indexes higher after companies in those sectors offered further reassurances to investors that economic growth remains solid.
U.S. stocks mostly ended lower on Wednesday but the Nasdaq managed to rise enough to mark a consecutive record close, as last week’s announcement of a preliminary trade pact with China fostered some market optimism even if risk appetite has cooled considerably in recent days.
The Dow Jones, the S&P 500, and the Nasdaq Composite indexes mount their latest concerted assault on all-time closing highs, powered by hope that the U.S. and China can forge a preliminary trade accord to resolve a prolonged battle over import duties.
U.S. stocks surged to new records Thursday propelled by reports the U.S. and China had reached at trade deal to avoid new tariffs due on Sunday, and roll back existing levies, in exchange for purchases of American agricultural products.