US EditionWall Street Indexes Hit New Peak on Trade, Fed Cut Optimism
12 Articles
12 Articles
NEW YORK.- Wall Street rose to a new peak this Friday and completed a rapid recovery to a level last seen in February before the expectations of a new pro-business government gave way to widespread fears about the impact of trade tariffs.It is a remarkable change for a stock market that just a few months ago was being hit by investors' fears that the tariffs imposed by President Donald Trump would bring chaos to global trade.
Wall Street indexes hit new peak on trade, Fed cut optimism
Wall Street's main indexes rose on Friday, pushing the benchmark S&P 500 and the tech-heavy Nasdaq to intraday record highs as investors pinned their hopes on deeper rate cuts from the Federal Reserve as well as trade deals with U.S.…
Stocks Rise on Trade Hopes, Signs of Tame Prices: Markets Wrap
Wall Street got a degree of relief as signs that inflation remains subdued supported the case for Federal Reserve rate cuts, with stocks on pace to close at all-time highs amid hopes that the US is moving closer to definitive deals with top trade partners.
After several weeks of consolidation above the average of 200 sessions we see that it manages to overcome the resistance of the 43.115 points. This is a very good sign that confirms the beginning of a new upward impulse that could end up taking the index up to the level of the 45,073 points, maximum of all times and prices at just over 3% from the current levels of quotation. Its overcoming would be a very good sign that would leave the selectiv…
Direct: American stock indices rose by the end of today's Friday dealings, ...
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