Technology, health care and industrial companies led the way higher in early trading on Thursday. Every sector rose.
The gains came a day after the Federal Reserve said it was ready to cut interest rates if needed to protect the U.S. economy. The S&P 500 index rose 25 points, or 0.9 percent, to 2,952. That's about seven points above its record high close on April 30. The Dow Jones Industrial Average added 212 points, or 0.8%, to 26,718. The Nasdaq rose 82 points, or 1%, to 8,070.
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Stocks look set to drift up near records as investors await crucial Fed decisionStock-index futures were mired in muted action Wednesday as investors awaited a key decision by the Federal Reserve that could determine whether Wall Street is likely to get a highly anticipated rate cut, or cuts, this year. draghi set up the bases loaded, Powell just needs to release the dovish statement for new ATHs and the grand slam. $SPY $SPX $QQQ $IWM
منبع: MarketWatch - 🏆 3. / 97 ادامه مطلب »
European stocks back to earth after Draghi bombshellEuropean stock markets fell back marginally on Wednesday after posting their bes...
منبع: Reuters - 🏆 2. / 97 ادامه مطلب »
Dividend stocks, hot this year, may get even hotter thanks to the Federal ReserveDividend stocks have been hot this year, and the Fed could add to that fire
منبع: MarketWatch - 🏆 3. / 97 ادامه مطلب »
Stocks rally, bond yields plunge as Fed fuels rate cut hopesA gauge of global stock markets rose on Thursday while the dollar dropped and gl... Sounded like a very cautious FED to me. The only 'fuelling of rate cut hopes' was from the journos at the press conference trying to get Chair Powell to say something that was not in the June report, and sadly for them, he stuck to the written report. Fake News Monetary Policy is all fixed and the FED just proved it. Job market is good and economy is good so this cut is just for Wall Street, Big Banks and Big Companies. All these are in huge debt and they need low interest. If they had surplus they would want higher interest rates!!
منبع: Reuters - 🏆 2. / 97 ادامه مطلب »
Central banks' dovish cooing keeps world stocks lulled near two-week highsWorld stocks held near two-week highs on Wednesday as investors bet on a worldwi...
منبع: Reuters - 🏆 2. / 97 ادامه مطلب »