Wall Street is set to start higher on final trade of 2017

Wall Street is set to start higher on final trade of 2017

On Friday, American equities were braced for starting on a bright note on the final trade of 2017, thus wrapping up 2017, in which key Wall Street indexes demonstrated their best outcomes since 2013.

Market participants were treated to bumper revenues in the year, with ascending global economy, firm corporate earnings as well as low interest rates powering the nine-year old soar in global equities.

The market has demonstrated shocking strength notwithstanding tensions in North Korea and also political upheavals in America. As for the S&P 500, it has concluded below 1% only four times in 2017.

Additionally, the S&P technology index has appeared to be the best performing sector, gaining approximately 37% and outpacing revenues in the broader index.

The surge is widely anticipated to extend into next year, underpinned by revenues from a fresh law, lowering the tax burden on American corporations.

S&P 500 e-minis rallied 9 points being worth 64,781.

Nasdaq 100 e-minis added 18 points trading at 13,512.

 

Similar

Latest news

Bank of Canada Surprises Markets
Bank of Canada Surprises Markets

The CAD is dominating the markets after the key rate increase! Read the full report to learn more about trading opportunities with the Canadian Dollar!

Deposit with your local payment systems

Feel the Team Spirit

Data collection notice

FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.

Callback

A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Next callback request for this phone number
will be available in

If you have an urgent issue please contact us via
Live chat

Internal error. Please try again later

Don’t waste your time – keep track of how NFP affects the US dollar and profit!

Beginner Forex book

Beginner Forex book will guide you through the world of trading.

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera