Dow rises nearly 100 points to another record close, Boeing shares lead the gains

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Stocks climbed higher at the close, hitting new all-time highs, as the year-end rally continues. Shares of Boeing led the gains, jumping 2.7% after the company ousted CEO Dennis Muilenburg amid the 737 Max crisis.

Investors cheered the news that China will cut import tariffs on a wide range of goods. China's finance ministry announced starting January 1, it willranging from frozen pork to some types of semiconductors. China is making efforts to boost imports amid a slowing economy and a trade war with the U.S.

Wall Street posted fresh record highs on Friday as stocks continued to rally on the back of an easing of geopolitical risks. The S&P 500 was up more than 1.5% last week and posted its fourth consecutive weekly gain. The benchmark has risen for the eighth time in the past nine sessions and rallied 28.6% for 2019 through Monday's close.

The U.S. stock market closes at 1 p.m. ET on Tuesday for Christmas Eve and is closed on Wednesday for Christmas. Thursday and Friday are regular trading days.has historically given the stock market a short boost. During the final five trading days of the year and the first two tradings days of the new year, the S&P 500 has posted a 1.3% gain on average since 1950, according to the Stock Trader's Almanac.

Source: News Formal (newsformal.com)

 

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AlbertoBernalLe Bernal do you know that while shocks are high there are so many americans with shitty Jobs right? I think is dishonest to share this tweet since a lot of your audiencie doesn't understand English. Pendejo

Trump’s economy! MAGA. Winning! Not tired any time soon. realDonaldTrump

-- FAA's regulatory credibility - globally - and Boeing's competitive brand were damaged - irreparably - on the sacrificial altar of little lord tRump. And losses for shareholders are Not done. --

ClosingBell Why did your guest just say that $BA would be paying compensation to $JBLU They do not even operate any Boeing aircraft

America is winning with President Trump. Economy StockMarket

Thank you president trump

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