US stocks gain after Trump's speech

Jan 09, 2020, 05.55 PM(IST)

US stocks ended higher on January 8 with the Nasdaq notching a new record close after President Donald Trump suggested the US and Iran were refraining from further military action. The Dow Jones Industrial Average rose 161 points, or 0.56%, to 28,745, the S&P 500 added 16 points, or 0.49%, to 3,253, and the Nasdaq Composite advanced 61 points, or 0.67%, to 9,129. #US #USStocks #USStockMarket