On Wednesday, February 7th, U.S. stock markets ended higher, with the S&P 500 reaching a new all-time high, driven by robust U.S. earnings reports.
In economic data, the U.S. trade deficit was reported at $62.2 billion for December, compared to a revised figure of $61.9 billion for the deficit in November.
Nine of the 11 S&P 500 sectors posted gains, led by technology and followed closely by consumer discretionary, while the consumer staples sector experienced a minor decline.
The Dow Jones Industrial Average gained 0.40% and closed at 38,677.36, the S&P 500 rose 0.82% to 4,995.06, while the Nasdaq Composite was up 0.95%, ending the session at 15,756.64.
Asian Markets Today
- On Thursday, Japan’s Nikkei 225 index closed the session higher by ...