- Title: U.S. stocks end firm to cap a banner year, decade
- Date: 31st December 2019
- Summary: BIRMINGHAM, ALABAMA, UNITED STATES (DECEMBER 31, 2019) (REUTERS VIA SKYPE) (SOUNDBITE) (English) FIPLAN PARTNERS, PRESIDENT AND CEO, GREG POWELL, SAYING: "Well, at this particular time, of course, year-end, people are really not as interested. They're closing out any positions that they may want to take some profits on. But in addition to that, the markets have kind of just gotten used to that rhetoric. They're waiting to see when it does happen and if it does, I think there'll be a big positive for corporate America to start saying, 'Hey, we now understand the rules a little bit better in the game. And, so, we will start investing back into our own corporations or opening up more trade if possible.'"
- Embargoed: 14th January 2020 21:18
- Keywords: Dow Jones Industrial Average Fi Plan Partners Nasdaq Composite President Donald Trump S&P 500 Search ResultsWeb resultsGreg Powell U.S. stocks U.S.-China trade equities stock market tariffs trading
- Location: NEW YORK, NEW YORK, + BIRMINGHAM, ALABAMA, UNITED STATES
- City: NEW YORK, NEW YORK, + BIRMINGHAM, ALABAMA, UNITED STATES
- Country: USA
- Topics: Economic Events,Equities Markets
- Reuters ID: LVA002BCB3WY5
- Aspect Ratio: 16:9
- Story Text:Wall Street's major indexes edged higher on Tuesday (December 31) as a rally fueled by trade optimism recommenced, capping off a decade of handsome returns in which the benchmark S&P 500 rose nearly 190%.
For the day, the Dow Jones Industrial Average rose 76.3 points, or 0.27%, to 28,538.44, the S&P 500 gained 9.49 points, or 0.29%, to 3,230.78 and the Nasdaq Composite added 26.61 points, or 0.3%, to 8,972.60.
(Production: Aleksandra Michalska & Fred Katayama)
- Copyright Holder: REUTERS
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