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Trade hopes lift Wall Street; S&P 500 notches best quarter since 2009


  • Markets
  • Saturday, 30 Mar 2019

The Dow Jones Industrial Average rose 211.22 points, or 0.82 percent, to 25,928.68, the S&P 500 gained 18.96 points, or 0.67 percent, to 2,834.4 and the Nasdaq Composite added 60.16 points, or 0.78 percent, to 7,729.32.  For the quarter, the Dow gained 11.2 percent, its biggest quarterly rise since 2013, while the Nasdaq jumped 16.5 percent in its best quarter since 2012.  All three major indexes posted gains of at least 1 percent each for the week and registered gains for the month as well.

The Dow Jones Industrial Average rose 211.22 points, or 0.82 percent, to 25,928.68, the S&P 500 gained 18.96 points, or 0.67 percent, to 2,834.4 and the Nasdaq Composite added 60.16 points, or 0.78 percent, to 7,729.32. For the quarter, the Dow gained 11.2 percent, its biggest quarterly rise since 2013, while the Nasdaq jumped 16.5 percent in its best quarter since 2012. All three major indexes posted gains of at least 1 percent each for the week and registered gains for the month as well.

NEW YORK: U.S. stocks ended the final trading day of the first quarter on a strong note on Friday and the S&P 500 posted its best quarterly gain since 2009, boosted by optimism over the latest round of trade talks between the United States and China.

The two sides said they made progress in trade talks that concluded on Friday in Beijing. The talks, aimed at resolving a nearly nine-month trade dispute between the world's two largest economies, were called "candid and constructive" by Washington.

Markets , Corporate News

   

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