Yesterday stocks went up due to the latest tariffs on U.S. Chinese goods as results from the fear was not as bad as expected. Good profits in the tech sector also boosted the broader market. The S&P 500 gained about 0.49% to close at 2,904.30, led by consumer discretionary and industrials. The S&P 500 is also less than 0.5% down from its record high. The Dow Jones Industrial Average surged about 188 points to 26,246.94 as Nike and Boeing went higher. The 30-stock Dow also noted a 5 day winning in a row. The Nasdaq Composite went up by about 0.8% to 7,956.11 as Netflix, Amazon, Apple, and Alphabet closed in higher levels.
Growth in US Crude Oil
Daily Analysis - 19/09/2018