Major indices close with solid gains
The US stock indices cheered Pres. Trumps decision to delay US tariffs on certain consumer items until December 15, while other products were being removed from the tariff list altogether. The administration cited health and security factors.
- The S&P index closed up 43.24 points or 1.50% at 2926.33. The high extended to 2943.31 with the low reaching 2877.05. At the high the index was up 2.09%
- The Nasdaq index rose 152.94 points or 1.95% at 8016.36. The high reached 8065.24 while the low extended to 7851.58. At the high the index was up 2.57%.
- The Dow rose 382.20 points or 1.48% at 26279.91. The high reached 26426.97, while the low extended to 25833.25. At the high the index was up 2.01%.