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…
