You are here: Home » Reuters » News
Business Standard

Wall Street enters third day of gains as trade fears ease

Reuters 

By Sruthi Shankar(Reuters) - U.S. stocks rose on Monday, with bank stocks leading third day of gains in a row after strong U.S. jobs data from last week helped investors brush aside trade concerns.The S&P financial index rose 1.3 percent, providing the biggest boost to the main S&P index. But gains were widespread, with technology, energy, industrials, consumer discretionary and healthcare stocks rising. The United States and China engaged in tit-for-tat tariffs on Friday, both countries imposing duties worth $34 billion on each others' goods. But the benchmark S&P 500 closed up 0.84 percent ...

This article is no longer available in our repository.

There could be multiple reasons for this.

First Published: Mon, July 09 2018. 19:35 IST
RECOMMENDED FOR YOU