Dow Jones closes at fresh record

Tuesday, 05. November 2019 22:00

Trading on Wall Street finished mixed in the green on Tuesday after a trade optimism-driven rally in the previous session.

Hopes of a US-China trade deal coupled with strong earnings and solid economic data led the Dow Jones Industrial Average to new heights during the session. Earlier in the day, the Institute of Supply Management (ISM) reported stronger-than-expected growth in the US service sector.

The Dow Jones closed at 27,492.60 points with Walgreens Boots Alliance at the top. Meanwhile, the S&P 500 took a breather from record-setting to close 0.12% in the red as Mylan plunged nearly 10% following the release of the company's earnings. The Nasdaq 100 finished trading flat.

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Author:
Breaking the News / JC