Wall Street capped a record-setting week Friday with a few more records: Modest gains nudged the major U.S. stock indexes to new all-time highs.
The latest batch of positive corporate earnings reports and economic data helped keep investors in a buying mood after the midweek signing of an initial U.S.-China trade deal. Progress on trade has eased fears on Wall Street about the potential for the dispute to escalate further.“The markets have responded really to one thing, and that’s trade headlines, and that continues,” said Nela Richardson, investment strategist at Edward Jones.
Still, the possibility that U.S. trade tensions could heat up again — whether against China or the European Union — as well as the uncertainty brought by the U.S. presidential election, could result in heightened volatility for stocks this year, Richardson said. Expeditors International of Washington shares fell 5.6% after the company warned investors about a weak fourth quarter. JB Hunt Transport Services dropped 4.2% after reporting a disappointing fourth-quarter profit.
Yay for rich people!
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Malaysia Malaysia Latest News, Malaysia Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
European stocks seen mixed as partial US-China deal fails to boost sentimentEuropean stocks were seen opening flat on Thursday morning as reaction appeared muted to the signing of a partial trade deal between the U.S. and China.
Source: CNBC - 🏆 12. / 72 Read more »
World stocks pause at record peak as markets assess U.S.-China dealWorld stocks inched ahead to a record high on Thursday after the United States a... Time for the US to crash in 5...4...3...2... I had no idea it could pause. thought it was called free fall. Trump got steam rolled by the Chinese. Again.
Source: Reuters - 🏆 2. / 97 Read more »
European stocks seen higher as China's GDP grows as expectedEuropean stocks were seen cautiously higher Friday morning after China's GDP (gross domestic product) numbers grew in line with expectations, lifting global markets. Yayyyy.... again 😁
Source: CNBC - 🏆 12. / 72 Read more »
S&P 500 blasts through 3,300 as tech stocks surgeThe S&P 500 rallied through the 3,300 mark for the first time on Thursday and th... Slowly but surely, “The depression is coming next week” articles have been diminishing in frequency. Maybe soon they’ll give credit where it is due. That surge excludes all the sugar baby sites right? What would the rich sugar daddies do without all those little kids left to molest in this world? Imagine if you’ve been tracked by the FBI all this time and didn’t know it? 😱😱😱
Source: Reuters - 🏆 2. / 97 Read more »
Stocks Have Rarely Been This Quiet in the Past 50 YearsWSJWhatsNow: Stocks have rarely gone this long without posting a large swing. That has investors wondering what will happen next. AmrithRamkumar explains. AmrithRamkumar anther wall street crash like in 1929? that's a long shoot of Couse AmrithRamkumar Right before the election the stock market will correct -20%, and it will make it more difficult for Trump to win. The crash in the fall of 2008 sunk McCain’s chances. AmrithRamkumar Not gonna slow down any time soon if se keep cutting deals with China, Canada and Mexico
Source: WSJ - 🏆 98. / 63 Read more »
Investors see smoother path for U.S. stocks as Warren's election odds slipTraders are less worried about political uncertainty in the run-up to the U.S. p... Well.. honestly I don't see Trump losing with a strong Economy. People don't want to change from a known to an unknown like, Sanders. Stop spreading hate and causing problems. You know what you need to be reporting on? TheyAllKnew RemoveandIndictTrumpNOW People who don’t own stock also vote.
Source: Reuters - 🏆 2. / 97 Read more »