Index rises by 3.27, ends day at 420.43
The Arkansas Index, a price-weighted index that tracks the largest public companies based in the state, closed at 420.43 Monday, up 3.27.
“An early rally rolled into a lower finish for stocks after the White House’s restrictions on Chinese telecom equipment company Huawei Technologies further inflamed trade tensions between the United States and China,” said Chris Harkins, managing director at Raymond James & Associates in Little Rock.
The index was developed by Bloomberg News and the Democrat-Gazette with a base value of 100 as of Dec. 30, 1997.