|Day's Range||24,473.29 - 24,740.96|
|52 Week Range||23,344.52 - 26,951.81|
Investing.com - The Dow closed higher Thursday, despite giving up most of its gains, as optimism over U.S.-China trade faded and weakness in financials weighed.
An upgrade pushed the conglomerate’s stock higher, while the Dow Jones Industrial Average rose 0.3% to close at 24,597.38. The Nasdaq Composite slipped 0.4%, ending at 7070.33.
A gauge of world equities was little changed after giving up early gains on Thursday, continuing a pattern seen for the past several sessions, while the euro eased after the European Central Bank formally ended its bond purchasing scheme. In the United States, the S&P and Nasdaq finished in the red while the Dow closed well off its session highs as cautious trade optimism faded. Investors get excited in the morning and then their fears come back," said Omar Aguilar, chief investment officer of equities at Charles Schwab Investment Management in San Francisco.
Pessimism is running rampant, which may explain why health-care stocks have done so well this year. That could also be a sign that the market could be set to move higher.
President Donald Trump told Reuters earlier this week that he is considering intervening in the case against Huawei Technologies CFO Meng Wanzhou. Reports suggest Trump is fixated on the market, with The Wall Street Journal noting that the Meng comments came as stocks continued to struggle despite seemingly good news out of the recent G-20 meeting. President Donald Trump 's willingness to intervene in the case against Huawei Technologies CFO Meng Wanzhou appears to be part of a larger White House effort to close a trade deal with China and boost the stock market.
President Donald Trump's willingness to intervene in the case against Huawei Technologies CFO Meng Wanzhou appears to be part of a larger White House effort to close a trade deal with China and boost the stock market.
The S&P 500 rose 10 points, or 0.4%, as of 9:30 AM ET (14:30 GMT), while the Dow increased 111 points, or 0.45% and the tech-heavy Nasdaq Composite jumped 36 points, or 0.5%.