On Tuesday, American stocks were set for an upbeat trading day, a day after reporting records all around on ascending expectations that the highly anticipated tax bill will face its final signoff this week.
Futures for the Dow Jones Industrial Average YMH8 acquired 0.2% hitting 24,877, thus indicating another winning day for the blue-chip benchmark. By the way, on Monday, the Dow DJIA concluded at all-time maximum, which is its 70th record this year, beating the 69 records hit in 1995.
As for futures for the S&P 500 index, they gained 0.1% trading at 2,697.75, while futures for the Nasdaq-100 Index NQH8 soared 0.1% reaching 6,543.75.
On Monday, both the S&P 500 SPX as well as Nasdaq Composite Index COMP concluded at records.
Expectations that the Republicans’ key tax overhaul will be passed before Christmas spurred stock markets around the globe and it appeared to a key driver for Tuesday’s actions.
On Thursday, American stock indexes slumped because a bunch of weak quarterly reports impacted a firm earnings season, while trade tensions escalated on news the EU might retaliate if America dares to impose duties on European vehicles…
On Wednesday, Asian stocks managed to rally due to the fact that Fed Chair Jerome Powell came up with an upbeat assessment of the American economy at his congressional testimony…
On Tuesday, European equities went down, having a second straight loss because telecom stocks were pressured, while market participants stepped back from risk ahead of testimony having to do with monetary policy from Fed Chair Jerome Powell…
In February, Japan's exports probably ascended at the fastest pace for two years due to a softer yen as well as improving global demand, as a Reuters survey showed on Friday…
On Monday, stocks in Asia declined with markets in Japan unavailable for a holiday and traders watching oilfield-related stocks after a bankruptcy filing by Singapore's Ezra Holdings…
On Friday, the evergreen buck added against the Japanese yen and euro, drifting away from recent minimums, though revenues were capped as traders focused on a showdown between Donald Trump and members of his own party as for a fresh healthcare bill…
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