Wall Street hits fresh record on trade, earnings optimism

REUTERS: U.S. stock indexes hit fresh record highs on Monday on optimism about the imminent signing of a preliminary U.S.-China trade deal as well as the start of the fourth-quarter corporate earnings season.

Adding to the positive mood, Bloomberg reported, citing sources that the Trump administration planned to lift its designation of China as a currency manipulator. Analysts expect profits at S&P 500 companies to drop 0.6per cent for a second consecutive quarter, according to Refinitiv IBES data.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Wall Street nears record high on trade, earnings optimismU.S. stock indexes rose to near all-time high on Monday on optimism about the imminent signing of a preliminary U.S.-China trade deal as well as ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

US: Wall St opens near record highs ahead of trade deal, earningsRead more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »

Wall Street nears record high on trade, earnings optimismU.S. stock indexes rose to near all-time high on Monday on optimism about the imminent signing of a preliminary U.S.-China trade deal as well as ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

US: Wall St opens near record highs ahead of trade deal, earningsRead more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »