Dow Sits Out Rally as S&P 500, Nasdaq Rise
The Dow Jones Industrial Average traded near 52,000 on Monday, down about 100 points, while the S&P 500 added 0.4% and the Nasdaq Composite climbed 0.9%, as markets priced in hopes of a peace deal that has not been scheduled.
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The Dow Jones Industrial Average lagged on Monday, slipping roughly 100 points to trade near the 52,000 handle, while the S&P 500 gained 0.4% and the Nasdaq Composite rose 0.9%. All three indices are coming off a losing session.
The divergence comes amid a rally fueled by expectations of a peace agreement, though observers note that no such deal has been scheduled. Market participants are pricing in optimism that remains unconfirmed by any formal timeline.
Source: FXStreet Forex News