US Stocks Continue to Rally, Dow Jones Gains 0.05%
Investor expectations for a resolution in the trade war and the possibility of the Federal Reserve lowering interest rates have propelled US stocks to continue their upward trend. The Dow Jones Industrial Average closed up 20.10 points, a gain of 0.05%, finishing at 40,113.5 points. The S&P 500 rose by 0.74%, while the tech-heavy Nasdaq increased by 1.26%, and the Philadelphia Semiconductor Index also saw a 1.03% rise. Over the week, the S&P 500 has accumulated over a 4% increase, Nasdaq over 6%, and the Dow over 2%.
