Online Forex broker
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.
On Wednesday, American stock index futures headed south because dismal data out of China affected market sentiment, while traders waited for more developments related to the US-China trade conflict…
On Wednesday, Italian stocks led losses in the European Union right after the country's deputy prime minister told that Rome considers breaking EU fiscal rules, thus masking early revenue powered by optimism around the US-China trade conflict…
On Tuesday, another US-China tariff conflict escalation put pressure on Asian stocks, although remarks from American leader that he expects trade talks to be successful backed market sentiment…
In July, Britain's inflation rate rallied for the first time in 2018, thus leaving many UK households feeling quite squeezed by prices, soaring at nearly the same tempo as their wages…
On Friday, the evergreen buck rallied versus its counterparts after data disclosed that the American economy generated more jobs than anticipated In October, thus backing the Fed’s case to proceed with gradual rate lifts…
On Monday, gold declined because the evergreen buck managed to gain early traction, thus putting pressure on the most popular precious commodity, which has been sticking with the year’s minimums…
Your request is accepted.
A manager will call you shortly.
Internal error. Please try again later
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.
|
