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Wall St. brushes off Middle East tensions as tech-related shares gain

Published 01/06/2020, 04:09 PM
Updated 01/06/2020, 04:09 PM
Wall St. brushes off Middle East tensions as tech-related shares gain

Wall St. brushes off Middle East tensions as tech-related shares gain

NEW YORK (Reuters) - U.S. stocks ended higher on Monday, rebounding from Friday's losses as investors brushed aside increased tensions in the Middle East, while shares of Alphabet (NASDAQ:GOOGL) and other internet names gained.

The Dow Jones Industrial Average (DJI) rose 68.67 points, or 0.24%, to 28,703.55, the S&P 500 (SPX) gained 11.44 points, or 0.35%, to 3,246.29 and the Nasdaq Composite (IXIC) added 50.70 points, or 0.56%, to 9,071.47.

Latest comments

the internet EFT, "FDN" broke out of a 6 month range. I think that will drag the Nasdaq to new highs in the coming months
so what if the debt is high and ******has hit the ceiling ...? it has been like that for 4 years now .. it will all be fine.. trumps base will keep him elected
Iran and Iraq used to be enemy, but now they came together. Iraq wants US out of their land. After US spent over $9T pouring money there while our debt hits $23T, now US has to get out, and looks like Iran will control the middle east.
Chris: Nice comment. You are a racist. I knew it and you just confirmed it.
How is he racist though lol. This is about Investing
If you bet $120 on Trump to win you only win $100. I wonder why the bookmakers are so far off from your Wong numbers David?
N i c e . . .
Trump has created a catastrophe, spent over a trillion on defense while National debt reach over $23T, averaging out to $77,000 per citizens. The average americans have less than $600 in the bank, while the 1% have 90% of the wealth, sky rocket healthcare costs,farmers going bankrupt, student loan debt...this ship is heading into a big storm guided by a Cowboy at the forefront. Trump will not be reelect led for sure. Any Democrats can win hands down.
Zero percent, right?What is with you and farmers? Yrump has hired reasonable judges that don't rule from the bench. It's why I voted for him. I didn't trust the other promises (he kept) but the defense that Bush spent, dems sequestered leading to the destruction of military while Obama gave the funds to illegals, refugees and... Iran, yeah jr gave them a lot of money so, Wong answer? Yes...
Too rarly to short
Sorry,short
Bullish
Brush it off like Obama did in his speech
Wave 2 of 3 has started
consolidation- reaction- solution
oh you mean the ppt and fed
I bought the dip! No, not the dip in the WH, the dip in the market....
Glad to hear that!Was the sixfh grade English understandable for someone of your intellect? I hope?I aim to please zippy-
irrational exuberance
Interesting....Bolton agrees to testify and the markets start to recover
Zippy
Let’s see here...just to name a few...he promised to withdraw all troops from the Middle East, negotiate a two-state peace accord with Palestine and Israel, have Mexico pay for a wall that was never built, and play less golf tgan his predecessor. Hmmmmm.....
Let’s see here: Trump promised his base he would remove US troops from the Middle East and reach a two-solution peace accord with Palestine and Israel. Oh, and he also promised to “remove and replace” Obamacare, have Mexico pay for a wall he never built, provide a “huge” tax cut to the middle class, and play less golf than President Obama. And he has told his base he has delivered on all his promises. But worse still, some on this board believe him. Lemmings? Yes! Brain washing? Yes! One-term only? Yes!
So let’s look at this more closely....here’s a man whose campaign promises included removing all US troops from the Middle East, brokering a two-state solution peace accord between Palestine and Israel, building a wall that would be paid for by Mexico, dismantling Obamacare, delivering “huge” tax cuts to the middle class, ensuring GDP growth of 4-5%, establishing a balanced budget, striking a “beautiful non-nuclearization deal” with North Korea, playing golf less than President Obama, and countless other promises Trump has never kept. And now saying that he’s made good on everything he said he would do. Who’s brainwashing who.....?
But he said he's kept more promises than he made (real quote)... How could he be wrong?
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