
The bullish movement in the stock market is gaining speed, and Bitcoin ETFs are closer than they might seem. What do we need to know for the next trading week?
On Friday, Wall Street managed to gain ground in a broad-based ascend due to the fact that market participants were heartened by a report that the US government would try to temporarily conclude the longest government shutdown in the history of the United States.
All three key American stock indexes rallied, with the Dow as well as the Nasdaq eking out their fifth weekly leap in a row. However, the S&P 500 reported its first weekly loss of 2019.
The indexes rebounded from their maximums after US leader confirmed he along with lawmakers made up their mind to implement a three-week stop-gap spending plan with the aim of reopening the government.
In general, investor sentiment worsened for the last time in the face of revived fears having to do with the US government shutdown as well as the everlasting US-China tariff clash.
Among these uncertainties, the everlasting trade clash between China and America keeps worrying market participants.
An escalation of the US-China trade conflict would sharpen the global economic deceleration aready under way.
Fourth-quarter corporate revenue season is currently in high gear, with over 22% of S&P 500 businesses having posted. Eventually, of those, up to 72.3% have confounded analyst expectations.
Starbucks Corp beat Wall Street consensus too, posting better-than-expected quarterly sales. As for the coffee chain's equities, they rallied by 3.6%.
Consumer products company Colgate-Palmolive posted fourth-quarter revenue that turned out to be surprising, although added it actually expects revenue to head south this year. Its stock dived by 0.6%.
In addition to this, Intel Corp equities went down by nearly 5.5% reacting to the chipmaker's downbeat fourth-quarter sales as well as current-quarter forecasts.
The Dow Jones Industrial Average jumped by 0.75% being worth 24,737.2. Additionally, the S&P 500 rallied by up to 0.85% hitting 2,664.76.
The bullish movement in the stock market is gaining speed, and Bitcoin ETFs are closer than they might seem. What do we need to know for the next trading week?
Have you seen the film “Big Short”? The investor from the film sold the largest number of Tesla shares he has ever sold: 800,100, that worth $534 million.
The US authorities filed a lawsuit against Facebook - what are the implications?
About 24% of global central banks intend to increase gold reserves in 2023. Rising inflation, geopolitical turmoil, and worries about interest rates are reasons to increase gold reserves.
Greetings to a brand new week full of events, economic releases and US debt frictions. We are here to tell you everything you need to know!
The US dollar index breaks one resistance after another. Read the report to learn the next target for the US dollar index!
FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.
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 will guide you through the world of trading.
We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.