Wall Street finishes at all time high, Dow hits 28k points

Friday, 15. November 2019 22:00

United States equities continued their record closing streak on Friday, peaking at new highs on hopes a trade deal between Washington and Beijing may be close to being signed. US President Donald Trump proposed new rules to make the prices in the healthcare industry more transparent. The Federal Reserve reported the financial stability risks haven't changed much since May. United Airlines prolonged the grounding of Boeing Co.'s 737 MAX airplanes.

The Dow Jones Industrial Average jumped 0.80% at the end of the session, going over 28,000 points for the first time, as UnitedHealth Group Inc. gained 5.30%. The Nasdaq 100 rose 0.70%, while the S&P 500 increased 0.77%. The Applied Materials Inc. was the best performer on both indexes, jumping 8.95%.

The euro traded 0.31% higher than the dollar at 3:59 pm ET, to sell for $1.10547. At the same time, the pound advanced 0.20% to $1.29046.

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Author:
Breaking the News / MD