Arkansas Index up, ends day at 465.57

The Arkansas Index, a price-weighted index that tracks the largest public companies based in the state, closed Thursday at 465.57, up 2.08.

“Sentiment in the equities market continues to be driven by reports of progress in U.S.-Chinese tariff negotiations with stocks surging early in the session, but the rally faded later on reports that the United States was reluctant to remove the tariffs,” said Leon Lants, managing director at Stephens Inc. 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.