July 20, 2018
The Dow Jones Industrial Average ended a five-day winning streak as trade tensions escalate. The Index fell from a one-month high of 25190 to settle at 25064. The weak performance continued during the Asian session, and the Dow Jones traded below 25000.
July 19, 2018
US stocks finished mostly higher yesterday as Fed Chairman Powell concluded his two-day congressional testimony with an upbeat economic view. Moreover, the Beige Book was released where it showed that the US economy continued to expand. However, manufacturers in twelve districts expressed concerns about trade tariffs.
July 18, 2018
Major U.S. indices closed higher with the Dow Jones rising for the fourth consecutive day and the Nasdaq posting a new record high. Dow Jones rose 0.2% to settle at 25119, the SPX500 gained 0.4% to 2809, and the Tech-heavy Nasdaq added 0.6% to a record close of 7855.
July 17, 2018
Major U.S. indices ended the session mixed yesterday as investors await new developments in the trade war between China and the US and the earnings of the second quarter. The Dow Jones rose slightly to close above 25000 for the second consecutive day.
July 16, 2018
Major U.S. indices kicked off the week on a higher note supported by last week’s gains. The Dow Jones and SPX500 posted their biggest weekly gain in six weeks. President Donald Trump bragged about the performance of the US stock market and said that the Dow Jones surpassed 25000 even before fixing the trade issues.