Published: Thu, March 14, 2019
Markets | By Otis Pena

Can the Stock Market Keep Rallying? These Two Indexes Say It Can

Can the Stock Market Keep Rallying? These Two Indexes Say It Can

The S&P 500 moves up and down based on changes in its members' market value, but the Dow bounces around according to changes in its 30 members' stock prices.

Chipmaker Nvidia Corp jumped after entering a $6.8 billion deal to buy Mellanox Technologies Ltd.

Boeing shares slid 6.1 percent, the stock's second day of steep losses, as more countries grounded the aircraft manufacturer's 737 Max 8 following the crash of the Ethiopian Airlines 737 Max 8 on Sunday, which killed 157 people.

The world's largest planemaker, which is the best performing Dow component this year by a wide margin, fell as much as 13.4% on Monday and weighed on the Dow Jones index.

Asian stock markets have followed Wall Street higher as investors look ahead to the British parliament's vote on a plan to leave the European Union.

At 12:31 p.m. ET the Dow Jones Industrial Average was down 74.29 points, or 0.29 percent, at 25,576.59, the S&P 500 was up 11.88 points, or 0.43 percent, at 2,795.18 and the Nasdaq Composite was up 49.37 points, or 0.65 percent, at 7,607.44.

The S&P 500 opened higher by 4.04 points, or 0.15 per cent, at 2,787.34.

March 12 (Reuters) - U.S. stocks rose on Tuesday after tame inflation data supported the Federal Reserve's dovish stance on future rate hikes, but Boeing's fall for a second straight day in a row pressured the Dow.

The price of gold rose 7 cents to $1,291.10 an ounce, silver rose 14 cents to $15.41 an ounce and copper rose 3 cents to $2.93 a pound.

Decision time: Brexit deal returns to parliament
She has already survived votes of no confidence by her own party and Parliament as a whole. Conservative lawmaker Steve Baker said ahead of Lidington's statement to parliament.


April West Texas Intermediate crude rose 8 cents, or 0.1%, to settle at $56.87 a barrel on the New York Mercantile Exchange on Tuesday after trading as high as $57.55. A sharp drop in Boeing shares restrained the Dow's advance. The blue chip Dow Jones Industrial Average finished at 25650.88, up 200.64 or +0.78% and the tech-based NASDAQ Composite closed at 7558.06, up 149.92 or +2.01%.

Bond prices rose. The yield on the 10-year Treasury note fell to 2.60 percent.

Monday's U.S. Retail Sales report offered mixed results.

Technology stocks powered the market's early gains.

Apple climbed 1.6 percent on Tuesday and boosted markets, after the iPhone maker invited media to a March 25 event where it is expected to launch a television and video service.

The Dow is up 104.42 points, or 0.4 per cent.

Tilray gained 3.1 percent, while Canopy Growth added 1.4 percent. Additionally, sales in January increased 2.3 percent from a year ago.

The Russell 2000 is up 27.95 points, or 1.8 per cent.

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