Stocks Ended Solidly Higher on Trade and Stimulus Hopes
- Monday, August 19, 2019, 16:27
- Stock Market
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U.S stocks ended higher on Monday, as investors cheered talk of additional stimulus from global policy makers and a respite from negative trade-war headlines. The Dow Jones Industrial Average rose 249.78 points, or 0.96%, to 26,135.79. The S&P 500 added 34.97 points, or 1.21%, to 2,923.65. The Nasdaq Composite advanced 106.82 points, or 1.35%, to 8,002.81.
Oil futures ended solidly higher Monday. West Texas Intermediate crude for October delivery rose $1.33, or 2.4%, to end at $56.14 a barrel. The front-month September contract rose $1.34 to end at $56.21 a barrel. October Brent rose $1.10, or 1.9%, to close at $59.74 a barrel.
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