Global Stock News

Stocks Surge After US, China Agree to Slash Tariffs; Dow Jumps Nearly 1,200 Points as Amazon, Apple, Nike Soar

Stocks Surge After US, China Agree to Slash Tariffs; Dow Jumps Nearly 1,200 Points as Amazon, Apple, Nike Soar

Biggest S&P 500 Movers on Monday

2 hr 23 min ago

Advancers

  • NRG Energy (NRG) soared 26% to lead the S&P 500 higher after the company delivered better-than-expected quarterly results and an optimistic earnings outlook. NRG’s adjusted earnings per share of $2.68 was more than 60% higher than the consensus estimate of analysts polled by Visible Alpha. The energy firm also announced a $12 billion acquisition of natural gas assets from LS Power Equity Advisors, adding 18 natural gas facilities across nine states. 
  • Stanley Black & Decker (SWK) shares jumped 16% as the tools maker was in position to benefit from relaxed tariffs on China. The maker of DeWalt and Craftsman tools had previously projected that tariffs would cut its…

Source link

Share this article

Scroll to Top