MARKET SNAPSHOT: S&P 500 Jumps To Within 1% Of Record As Trump Tweets Plan For ‘extended Meeting’ With President Xi

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Home / Market News / NewsWatch: S&P 500 jumps to within 1% of record as Trump tweets plan for ‘extended meeting’ with President Xi.

US President Donald Trump allegedly flinched on his $300 billion tariff threat ahead of his G20 parley with Chinese President Xi Jinping. Dow Soars as Stock Market Claws Back Tuesday’s Losses All of Wall Street’s major indices rallied during the Wednesday session.

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S&P futures levitated on Monday, rising to a high of 2,962 and just shy of a new record, alongside buoyant Asian stocks while European shares slumped as the Stoxx 600 Index reversed an earlier gain following the third profit warning from Daimler, and a slump in german business confidence; the dollar dropped to three-month lows. Read More

S&P futures struggled for direction on Thursday, with Nasdaq futs down following a plunge in Tesla following dismal guidance, even as European stock were modestly higher ahead of what many expect will be an easing signal by the ECB as a bevy of earnings reports again pointed to a slowing global economy, while holding up in the face of already reduced expectations.

President Trump stokes optimism for U.S.-China trade meeting. Investors are eagerly looking to this week’s two-day Federal Reserve meeting for clarity on whether or when U.S. benchmark interest rates will be cut for the first time in a decade.. S&P 500 jumps to within 1% of record as Trump.

New York : (CBS Marketwatch) : U.S. stock indexes headed sharply higher midday tuesday, pushing the broad-market S&P 500 to within 1% of a closing record as President Donald Trump tweeted that had a productive conversation with Chinese counterpart Xi Jinping.

SPX | A complete S&P 500 Index index overview by MarketWatch. View stock market news, stock market data and trading information.

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