A mostly stronger start to the new quarter US equity markets , with investor sentiment buoyed by news that the United States, Canada and Mexico announced they had agreed on a path forward for the North American Free Trade Agreement, or NAFTA - Dow rallied +193-points or +0.73%, with Boeing Co (up +2.79%) and Chevron Corporation (+1.73%) among the leading index performers. The broader S&P500 added +0.36% a day after logging its best quarterly performance since first quarter 2017 with a rise of +7.1%. General Electric Company gained +7.1% after the company abruptly removed chief executive officer (CEO) John Flannery from his post and named Lawrence Culp as his successor. The news overshadowed a profit warning from the company and a plan to take an impairment charge of close to US$23B. NASDAQ eased -0.11%, with declines in Facebook Inc (down -1.23%) and Intel Corporation (-1.78%) capping gains for the technology-centric index. However, Tesla Inc rebounded +17.35% after CEO Elon Musk settled charges with the Securities and Exchange Commission over the weekend over his recent aborted bid to take the firm private.
