X

Dow, S&P 500 Close at Record Highs

Nasdaq also rises
By Newser Editors and Wire Services
Posted Nov 7, 2019 3:03 PM CST

(Newser) – Stocks are ending higher on Wall Street following hopes that China and the US are getting closer to a trade deal, the AP reports. The Dow Jones industrials and the S&P 500 ended at record highs again Thursday, but they would have been even higher if not for a late-afternoon report saying a proposed rollback of tariffs was facing stiff opposition in the White House. Technology companies led the way higher. Qualcomm soared 6.3% after turning in strong quarterly results. Gold prices fell as traders embraced riskier assets. The S&P 500 rose 8 points, or 0.3%, to 3,085. The Dow Jones Industrial Average climbed 182 points, or 0.7%, to 27,674. The Nasdaq added 23 points, or 0.3%, to 8,434. (Read more stock market stories.)

We use cookies. By Clicking "OK" or any content on this site, you agree to allow cookies to be placed. Read more in our privacy policy.