Stocks open sharply higher on trade and stimulus hopes

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U.S. stocks opened higher, putting key equity benchmarks on course for a third straight positive session, after reports that Germany was open to the use of...

U.S. stocks opened higher, putting key equity benchmarks on course for a third straight positive session, after reports that Germany was open to the use of deficit spending in the event of a recession. President Donald Trump's remarks that the U.S economy was doing well also helped to draw investors into risky assets.

The S&P 500 SPX, +1.06% rose 1% to 2,918. The Dow Jones Industrial Average DJIA, +1.01% advanced 323 points, or 1.2%, to around 26,209. The Nasdaq Composite COMP, +1.27% was up 1.4% to 8,010. In company news, shares of Estee Lauder Cos. EL, +9.39% climbed 10% on Monday after its earnings beat expectations and the skincare company issued upbeat guidance.

 

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It's only higher in expectation of FED ratecut announcement. Meaning ratecut is already priced in. No matter how much the future ratecut woud be, the StockMarket will go down after actual ratecut...

Stocks open sharply higher on hope

เราได้สรุปข่าวนี้มาให้อ่านอย่างรวดเร็ว หากสนใจข่าว สามารถอ่านฉบับเต็มได้ที่นี่ อ่านเพิ่มเติม:

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Asia stocks set to trade mixed as Treasury yields bounce higherStocks in Asia were set to trade mixed on Monday as U.S. Treasury yields bounced higher after plunging last week which sent markets into a panic.
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Asia stocks rise as stimulus, policy hopes calm nervous investorsAsian stocks rose on Monday as hopes of more stimulus from central banks around ... Don't let bad credit stop you. Let us help you! Ready to change your life and increase that credit score and build a business Prepare to bring your score up NOW! DM me if you are interested on how to achieve your financial dreams. $BTC $ETH $LTC $ETC $XVG $XRP $BCH $TRX $XMR Everything can exist and be solved X
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Asia stocks gain as China rates tweak lifts investor moodAsian stocks tracked the Wall Street rally on Monday and found an extra tailwind...
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Global Stocks Jump to Start the WeekStocks in Europe and Asia climbed on the prospect of central-bank stimulus measures across major economies, with Hong Kong’s index on pace for its strongest performance in two months. Easy money is the caffeine jolt that will hurt us in the long term. 😳😥
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Asia stocks advance as China's rates tweak improves investor moodAsian stocks rode a Wall Street rally on Monday and were also cheered by a decis...
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Stocks won't bottom until panic gets more extreme, BofA's Stephen Suttmeier suggestsBofA-Merrill Lynch's Stephen Suttmeier highlights two charts that suggest the S&P 500 won't break out of its slump for weeks. FuturesNow wheres helicopter Ben when you need piles of money printed and shipped off to 'too big to fail' entities again? The Greatest Depression comes. FuturesNow I’ve been saying for weeks we’ve only seen a little panic selling it hasn’t been full-blown! This is going to get much worse especially heading into October FuturesNow
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