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Home / Business / Shares point to a continued record run on Wall Street

Shares point to a continued record run on Wall Street



U.S. stock futures indicate a higher opening for trading on Tuesday, the day after another trio of records.

The three largest futures indices point to a gain of 0.4 percent, with Dow adding 100 points.

All three major indices opened the week by rising above all-time highs they set on Friday. The S&P 500 rose 0.1 percent to 3,122.03. The Dow Jones Industrial Average also rose 0.1 percent to 28,036.22, and the Nasdaq Composite climbed 0.1

percent to 8,549.94.

Ticker Security Last Change Change%
In: DJI [19659011] DOW JONES AVERAGES 28036.22 +31.33 + 0.11% [19659014] SP500 S&P 500 3122.03 +1.57 + 0.05%
I: NASDAQ COMPOSITE INDEX 8549.93773 +9.11 + 0.11%

Asian stocks are mixed as investors remain cautious about a deal in US-China trade talks.

Japan's benchmark Nikkei 225 rose 0.1 percent, Hong Kong's Hang Seng gained 0.8 percent, while Shanghai Composite was up 0.4 percent.

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The Chinese Central Bank cut the seven-day buyback rate to 2.50 percent from 2.55 percent fuel Expectations that Beijing will continue to easing monetary policy, according to Reuters.

Chinese indices rose moderately despite the continuing turmoil in Hong Kong. Police have tightened their blockade over the Polytechnic University of Hong Kong, where some protesters have been captured and hundreds of those arrested.

Police in rebel gear move through a cloud of smoke while holding back a demonstrator at Hong Kong Polytechnic University in Hong Kong, Monday, November 18, 2019. Hong Kong police fought protesters with tear gas and batons on Monday as they tried to break th

The US market has been in a tear since the beginning of October, and the indices have been on an almost uninterrupted course as worries about a possible recession have disappeared. Solid financial data, better business revenue than analysts expected, and Federal Reserve interest rate cuts have all helped.

It leaves negotiations in the US-China trade war as the remaining wildcard for the market. President Trump had previously hoped to get signatures on the first phase of a trade deal now, at a major international summit scheduled this past weekend. But the president of the top host nation, Chile, canceled the meeting last month amid nationwide protests.

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The two sides continue to negotiate, with stock markets around the world swinging at every hint of progress or excitement.

The Associated Press contributed to this article.


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