Wall Street has found at the end of a turbulent stock market year, more conciliatory tones. Signs of progress in the trade conflict between the United States and China offset investors in a buying mood.
The Dow Jones Index rose by 1.2 percent to 23.327 points. The broader S&P rose by 0.9 percent to 2507. The Index of technology exchange Nasdaq gained 0.8 percent to 6635 counter. The trade was in the face of new year's eve, however thin. In Europe, most exchanges had closed, so also in Frankfurt. On new year's day is also not traded.
Trump had optimistically expressed China
U.S. President Donald Trump on Saturday optimistic of an early solution to the trade dispute with China. He had led a "long and very good conversation" with Chinese President Xi Jinping, he wrote on Twitter. There is a lot of progress had been made"".
Overall, in 2018 for the US stock markets, however, the worst for ten years. The Dow lost in the last twelve months to 5.6 percent, the S&P's 6.2 percent and the Nasdaq 3.9%. For all three indexes, it was the largest annual decline in percentage points since 2008. The decline in December was also much points the Dow and S&P fell 500 most recently in 1931, in this mass.
The market had shown to large Parts of the year, said market strategist J. J. Kinahan of TD Ameritrade. But in the last quarter, the situation went a little out of hand. There have been too many Unknown, market participants have become nervous. The will continue to the beginning of the new year.
On the New York Stock Exchange as a billion shares changed hands. 2685 values to be loaded, 1112 and 157 remained unchanged. The Nasdaq-2029 values in the Plus, 1118 in the Minus and 127 closed at a turnover of 2.08 billion shares unchanged.
the US-credit markets, rates rose, in turn, yields fell. The ten-year government bonds gained 5/32 to 103-14/32. The yield dropped to 2,7253 percent. The 30-year Bond was 6/32 on 106-18/32 springs and returned with 3,0390 percent.
Created: 31.12.2018, 22:52 PM