Market Outlook 

Market Outlook: Hong Kong dents optimism but stocks remain on track

Market Outlook: Hong Kong dents optimism but stocks remain on track

US shares surged on Tuesday, with the Dow rising more than 2 per cent, briefly trading above the 25k level again before closing a little short. The S&P 500 rose over 1 per cent, traded above 3,000 for the first time since 5 March hitting a high at 3,021 before it too closed below this psychologically important level. The broad index traded above the important 200-day moving average but failed to close above this indicator.

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