S&P 500, Dow and Nasdaq close at records on positive expectations around U.S.-China trade. Major U.S. stock-market benchmarks ended Monday’s session at records as investors remained attuned to developments in the U.S.-China trade relationship and cheered a wave of merger activity.
The first trading session for the new week started with gains for the US stock market with all major US stock indices closing up more than 1%. The reason was hopes of easing trade war tension between the USA and China. This is the summary for US stock markey at close on Monday August 26 2019:
S&P 500: 2,878.38,+31.27(+1.10%)
Dow 30: 25,898.83,+269.93(+1.05%)
Russell 2000: 1,476.00,+16.52(+1.13%)
10-Yr Bond: 1.5450,+0.0170(+1.11%)
The Medicines Company (MDCO) was the stock with largest gains closing at $39.85+$4.82 (+13.76%).
Rolls-Royce Holdings plc (RLLCF) was the stock with largest losses closing at $0.0052-$0.0012 (-18.75%).
Stock investing – Most active stocks
Itaú Unibanco Holding S.A. (ITUB) was among the most active stocksclosing at $8.00-$0.05 (-0.62%).
U.S. Sectors & Industries Performance
All sectors had gains, Communication Services was the best performing sector +1.53%, Materials was the worst performing sector +0.30%, Source: Fidelity