US Stock Market Highlights: Dow jumps 300 aspects on tariff deal hopes, S&P 500 rises for a sixth session

US Stock Market Highlights: US stocks climbed Tuesday (April 29), with the Dow Jones Industrial Sensible leaping 300.03 aspects, or 0.75%, after Commerce Secretary Howard Lutnick stated a valuable commerce agreement was nearly about finalised. The S&P 500 added 0.58% and the Nasdaq Composite rose 0.55%. The gains marked the sixth consecutive winning session for the Dow and S&P 500 — the longest such inch since July and November, respectively.

US Stock Market Highlights: US stocks climbed Tuesday (April 29), with the Dow Jones Industrial Sensible leaping 300.03 aspects, or 0.75%, after Commerce Secretary Howard Lutnick stated a valuable commerce agreement was nearly about finalised. The S&P 500 added 0.58% and the Nasdaq Composite rose 0.55%. The gains marked the sixth consecutive winning session for the Dow and S&P 500 — the longest such inch since July and November, respectively. Markets had traded flat for quite lots of the day earlier than Lutnick’s afternoon feedback to CNBC sparked a slack rally. “I in actual fact have a deal completed, completed, completed, completed, however I’ve to succor for their top minister and their parliament to give its approval, which I request presently,” he stated, with out naming the nation fervent. Commerce-aesthetic stocks corresponding to Overall Motors and Apple pared earlier losses. GM, which had weighed on sentiment earlier in the day, announced it was suspending portion buybacks and reassessing future steering amid tariff-connected uncertainty.