Stock Market Today: February 19, 2019
Harvey S. Katz, CFA and John E. Seibert III | 02/19/2019
Today, the stock market started out lower, as a slew of mixed earnings results weighed on sentiment. Later in the day, momentum picked up after President Trump stated that the March 1st deadline for a U.S. trade deal with China is not a “magical date”. This suggests that the negotiating period could be extended. In the final portion of the day, the market faded slightly, giving up most of the gains. All told, the Dow Jones Industrial Average finished higher by eight points, the S&P 500 rose by four points, and the NASDAQ climbed 14 points.