"The fact that the major indices hit new five-week highs in a concerted fashion confirms the end of the August pullback, and barring another twist in the trade war, a larger scale rally is likely underway in the stock market," said Ken Berman, founder of Gorilla Trades, in a note.The U.S. economy added, the Labor Department said Friday. This marked the third straight monthly slowdown in jobs growth. Economists polled by Dow Jones expected jobs to grow by 150,000 last month.
"That payroll number was not great, but it's not bad," said Jeff Kravetz, regional investment director at U.S. Bank Wealth Management. "It probably keeps the Fed on track for a rate cut." Gregory Faranello, head of U.S. rates at AmeriVet Securities, said Powell's comments do not change the market's outlook for the September meeting. However, "should the data hold up for the remainder of 2019, it does raise the bar in the future for future easing."
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Global stocks are jumping after China says trade talks with the US will resume in OctoberBrexit and German factory orders are also affecting markets on Thursday. Gold and oil slipped. I suppose after a bunch of money is made from the price swing, they'll be put off again, which will allow more money to be made from the price change, and so on? Can it work like that? These talks going to solve the 260T world debt? Or how about the 16T negative interest rates?
Источник: BusinessInsider - 🏆 729. / 51 Прочитайте больше »
European stocks hit one-month highs on news of U.S.-China trade talksEuropean shares rose to fresh one-month highs and safe-haven assets such as gold... Who are the people who keep falling for this ruse? The europian stocks need more control about the quality of the products, they are comming from China!
Источник: Reuters - 🏆 2. / 97 Прочитайте больше »
Stocks surge on US-China trade progress and healthy jobs dataThe Dow Jones industrial average, S&P 500 index, and Nasdaq Composite all rose during US trading on Thursday. The stock market hawks are following Trump. Black Americans who invest in companies must learn to tune out the crap and really watch what Trump is doing. It could lead to great wealth! Exactly
Источник: BusinessInsider - 🏆 729. / 51 Прочитайте больше »
European stocks seen higher on global trade and political reprieveEuropean stocks were seen higher Thursday morning after confirmation of new U.S.-China trade talks and political tensions in the U.K. and Hong Kong show signs of easing. Our mission at is to build the social media platform that ends fake news
Источник: CNBC - 🏆 12. / 72 Прочитайте больше »
Go with large-cap stocks over small caps, these traders sayEven though small-cap stocks have been underperforming these traders suggest sticking with what's been leading the market.
Источник: CNBC - 🏆 12. / 72 Прочитайте больше »