The start of the US trading session has been positive for traders of Tesla and Microsoft.
Dow is braced for starting at new record as ECB keeps rates intact
On Thursday, American equities stepped higher, thus helping the Dow Jones Industrial Average to reach another record. Futures for the key equity benchmarks held their revenues after the European Central Bank decided not to change its monetary policy, as anticipated, with Wall Street focusing generally on a wave of profits from several blue-chip companies.
Dow futures YMH8 acquired 0.3% hitting 26,354, S&P 500 futures ESH8 ascended 0.3% being worth 2,848.25. Additionally, Nasdaq-100 futures NQH8 tacked on 0.6% trading at 6,970.75.
On Wednesday, the Dow DJIA soared 0.2% getting to a record high, while the S&P 500SPX managed to conclude 0.1% lower, the Nasdaq Composite COMP dived 0.6%.
In 2018, the three equity indicators have managed to gain 6.1%-7.4%, contributing to the previous year’s sizable profits because market participants appreciate the expanding American economy as well as soar in corporate profits.
During today's Turkish central bank meeting, the market anticipated a rate cut between 200-300 pips.
More tariffs were introduced
The remarks by Nigel Farage during the Brexit party's election event have sent the British pound higher…
The Reserve bank of New Zealand will release the monetary policy statement and its interest rate at 3:00 MT on November 13.
A calm trading session with the US-China trade updates in focus