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Bloomberg Quint

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Image Credit: Bloomberg Quint

US Stock Market Today: S&P 500, Dow Jones, Nasdaq Jump 1% As EU Trade Deal Cheers Wall Street

  • US stocks opened higher on Tuesday as the European Union announced to speed up trade negotiations with the US, leading to a positive market sentiment.
  • The Dow Jones Industrial Average rose by 1% to surpass 42,000 points, while the Nasdaq Composite increased by 1.6% to cross 19,000 points.
  • The S&P 500 also advanced by 1.1% to reach 5,866 points.
  • JPMorgan analysts remain optimistic about the upward trajectory of the S&P 500 despite a recent pullback in US equities.

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