Wall Street’s three main indexes opened at all-time highs on Monday, as tech stocks gained on optimism over a U.S.-China trade deal and an improving domestic economy.
Optimism over US-China trade dispute lifts global equities
As ESG standards are formed around the world, the CFA Institute explored the critical elements that make the Middle East unique.
Wall Street’s three main indexes were set to open at record highs on Monday, buoyed by hopes of a U.S.-China trade deal and an improving domestic economy.
The bank has received approvals from the China Banking and Insurance Regulatory Commission and the People’s Bank of China.
U.S. Treasury yields shifted higher on Monday as investors anticipated the conclusion of a Phase 1 U.S.-China trade deal following upbeat comments from the Trump administration.
U.S. stock index futures rose on Monday, buoyed by hopes of a U.S.-China trade deal and an improving domestic economy that led the S&P 500 and Nasdaq to record highs last week.
Saudi Aramco’s blockbuster listing remained shrouded in mystery on Monday, a day after the company finally announced its plans.
World shares touched a 21-month high on Monday on signs that the United States and China could soon put an end to a damaging trade war as well as indications that the world may yet dodge an economic recession.
- Trade deal hopes boost stocks as recession fears recede (Reuters: Nov 4, 2019 at 10:09 AM)
It’s earnings season and across the board the results have mostly been better than expected, sending markets to all-time highs especially driven by the large gains in Microsoft (MSFT), Apple (AAPL) and UnitedHealth Group (UNH).