Stock Market News For Feb 19, 2019
Zacks Investment Research | Feb 18, 2019 10:05PM ET
Benchmarks closed in the green on Friday, buoyed by positive developments on the U.S. - China trade war front. China vowed to make efforts to boost U.S. exports to the country. Meanwhile, Trump declared a national emergency over funding for his border wall along America’s southern border with Mexico. For the week, however, the three major benchmarks ended in the positive territory. Markets remained closed on Monday in observance of Presidents' Day.
The Dow Jones Industrial Average (DJI) increased 1.7%, to close at 25,883.25. The S&P 500 increased 1.1% to close at 2,775.60. The tech-laden Nasdaq Composite Index closed at 7,472.41, gaining 0.6%. The fear-gauge CBOE Volatility Index (VIX) decreased 3.5% to close at 15.65. Advancers outnumbered decliners on the NYSE by a 3.76-to-1 ratio. On Nasdaq, a 2.69-to-1 ratio favored advancing issues.
How Did the Benchmarks Perform?
The Dow amassed 443.9 points to end the session in the positive territory. Gains for the Dow were buoyed by a surge in the shares of JPMorgan Chase (NYSE:JPM) and Goldman Sachs (NYSE:GS) , which gained 3.1% each. You can see Zacks Investment Research
Get The News You Want
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.