How major United States stock indexes fared Tuesday

Year to date global stock market changes

Wall Street drops on Monday as investors look to book their profits

One of President Trump's greatest "accomplishments" is the record highs in United States stocks and he knows that his reelection bid will be killed by a crash in equities.

Both the S&P 500 and the NAS notched their biggest annual percentage gainers since Y 2013, while the DJIA closed Y 2019 with its biggest yearly percentage gain since Y 2017.

Financial sector stocks, especially big banks, also posted strong gains in 2019, despite a sharp pullback in interest rates.

More than half of the Dow component companies traded in red territory, with Walmart dropping 0.93 percent, leading the laggards.

The Dow Jones Industrial Average gained 22.3 per cent, led by Apple. Vanguard predicts that U.S. stocks will return between 3.5% and 5.5% per year over the next decade.

Many markets, including those in Tokyo and Seoul, have already ended trading for 2019.

Tesla rose 2.9% after a published report suggested the electric auto maker will deliver its first China made Model 3 sedans as early as next week.

MILESTONES APLENTY: The S&P 500 has set record highs 35 times this year, up from 19 last year. Apple rose 2.3% to a new high.

ISRO chief K Sivan: 2020 will be year of Chandrayaan-3, Gaganyaan
He said, "The orbiter is still functioning, it's going to function for the next 7 years to produce scientific data". The mission is created to land a rover on the moon's surface which is expected to travel around 500 metres there.

Browns coach told opponents team was a "total mess"
The general manager will have control of the 53-man roster; the head coach and the general manager will report to ownership. However, in those two full seasons Cleveland was 13-18-1 and didn't finish better than third in the AFC North.

Helicopter Crash Kills Taiwan's Top Military Officer, 7 Others
It said survivors will be carried off the mountains for treatment rather than being air-lifted due to bad weather. The official died when a military aircraft en route to the northeastern city of Ilan crashed in the mountains.

Shares reversed an early recession after President Donald Trump announced Tuesday that he would sign a Phase 1 trade agreement with Chinese officials on January 15.

Prices for the 10-Year U.S. Treasury rose, dropping yields to 1.88% from Tuesday's 1.92%.

Even if the worst-case scenario were to occur and the USA economy were to sink into a recession, many investors say they are not anxious about the repeat of the 2007-2009 crash, where some equity investors have lost more than half of their savings. The Federal Reserve Bank of St. Louis expects the USA economy to grow less than 2% next year, but it noted that resolved trade tensions and a pickup in global growth could boost the pace of the economic expansion. Amazon gained 2.7% and McDonald's rose 1.6%.

Barron's associate editor Andrew Bary looks back at the best stocks of the past decade and gives his stock recommendations heading into 2020.

COMMODITIES: Benchmark U.S. crude oil was up $0.07 to $61.13 per barrel as of 4:07 p.m EST. Brent crude, the global standard, gave up 67 cents to close at US$66 per barrel.

The price of gold rose $5 to $1,519.50 per ounce.

European markets closed mostly lower. In Asia, Hong Kong's Hang Seng index lost 0.5 per cent.

Latest News