US Equity Handover Five Straight Up Days for Stocks Among MA News

Matt Weller
By :  ,  Head of Market Research


  • US indices closed higher for the fifth straight day, boosted by the weekend’s US-Mexico immigration deal to avoid tariffs.
  • Technology led the way higher again today, with the sector gaining roughly 1%. The high-yielding sectors (REITs and Utilities) were the weakest of the major stock types.
  • M&A news: Salesforce (CRM, -5.2%) fell on news that it that it was acquiring Tableau (DATA, +34%). United Technologies (UTX, -3%) dipped after announcing it was merging with Raytheon (RTN, +1%)
  • Beyond Meat (BYND) rallied another 21%, leaving the stock up 600% from its IPO price from earlier this year.

*There are no high-impact corporate announcements expected during tomorrow’s Asian session.*

**No major macroeconomic data is scheduled for release in tomorrow’s Asian session.**

Data from Refinitiv. Index names may not reflect tradable instruments and not all markets are available in all regions.

Related tags: Indices Shares market

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