Monday’s rally was broad, with roughly 80 % of the stocks in the S&P 500 rising. Energy stocks were at the head of the pack after the price of oil added to its gain last week. Financial stocks were also strong on expectations that a healthier economy and higher interest rates will boost their profits.
CHINA STRENGTH: China’s industrial production rose 6.2% from a year earlier, up from the previous month’s 4.7%. Retail sales growth rose to a five-month high of 8% from October’s 7.2%. Stocks that pay big dividends, meanwhile, were lagging the market because higher interest payments for bonds and other investments can lure away some income-seeking investors. Real-estate investment trusts slipped 0. 5 %, the only sector among the 11 that make up the S&P 500 to fall. Utility stocks, which are also big dividend payers, were close to flat.
Technology stocks were also strong. Micron Technology jumped 5.1% and Broadcom rose 2.8 %. Tech stocks have swung often in recent months with every hint of progress on the U.S.-China trade war because of how much business the companies do in China.
President Trump Trump trump
Thank you realDonaldTrump !
대한민국 최근 뉴스, 대한민국 헤드 라인
Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.
출처: BusinessInsider - 🏆 729. / 51 더 많은 것을 읽으십시오 »
출처: billboard - 🏆 112. / 63 더 많은 것을 읽으십시오 »