1/8/2019, 10:02 PM (Source: TeleTrader)
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US markets end higher amid trade optimism

Wall Street finished Tuesday's trading session on a positive note as investors continued to be buoyed by the prospect of warmer trade relations between the United States and China. United States President Donald Trump's announcement that he will not use his emergency powers to force through construction of the Mexican border wall provided further cause for optimism.

The Dow Jones Industrial Average index closed 1.09% in the green. The Boeing Company was the best performer with an increase of almost 4% after announcing that it had set a delivery record in 2018 earlier today. It was followed by Verizon with 2.93%.

Meanwhile, the Nasdaq 100 jumped 0.98% at the close on the back of Monster Beverage Corporation's rise of 6.23%. The next best performers were VeriSign and videogame company Take-Two Interactive at 3.65% and 3.36% respectively.

The S&P 500 climbed 0.97% with Nektar Therapeutics recording an increase of almost 12%. It was followed by Union Pacific Corp with an 8.76% increase.

The euro traded flat against the greenback, changing hands for $1.14409 at 10:02 pm ET.

Breaking the News / DZ