Skip to main content

Markets rocket higher on easing trade tensions

Easing trade tensions sent the markets soaring to a sharply higher close with the Dow catapulting 669 points to 24,202. Nasdaq rocketed 227 points to 7220.


On the upside


JD Sports will acquire The Finish Line (Nasdaq: FINL) for a premium of approximately $558 million.


Belden (NYSE: BDC) announced the redemption of all outstanding preferred share purchase rights.


Shares of MongoDB (Nasdaq: MDB) surged on news that U.S. and Chinese officials are pursuing talks discuss trade issues.

On the downside


Protagonist Therapeutics (Nasdaq: PTGX) ended its Phase 2b PROPEL study of PTG-100 to treat patients with moderate to severe ulcerative colitis.


Tintri (Nasdaq: TNTR) chief financial officer Ian Halifax will leave the company on April 30, 2018.


Shares of Omeros (Nasdaq: OMER) extended its losses.


In the broad market, advancing issues outpaced decliners by a margin of 7 to 2 on the NYSE and by more than 5 to 2 on Nasdaq. The broader S&P 500 leaped 70 points to 2,658. Bitcoin tanked $727 to $7,899.


Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.