Stocks Gets Higher as Investors Shifts Interests to Germany, Turkey
US stocks ended in the black but off highs on Monday, with volumes beginning to taper off in the run-up to Christmas and as investors eyed events in Germany in Turkey. The Dow Jones Industrial Average and the S&P 500 ended up 0.2%, while the Nasdaq rose 0.4%. CMC Markets’ Michael Hewson said: “Attention remains on whether the recent rally in the Dow has the legs to retest the 20,000 level that saw the index fall short on two occasions last week.” Although the indices managed to eke out some gains, the mood was undermined after a truck drove into a Christmas market in Berlin, killing at least nine people and injuring around 50 in what is believed to have been a deliberate attack. In addition, investors were digesting news that Russia’s ambassador to Turkey was shot dead by an off-duty policeman at an art gallery in Ankara. The killer was said to have stood over the ambassador’s body shouting “revenge for Syria and Aleppo”. Geopolitical tensions were also at play on Monday, ...