Stock indexes in the United States continue to rise

in #blog6 years ago

The main US stock indices

They opened with modest gains on Thursday and expected to extend the recent rebound for the fifth consecutive session.

Financial stocks won with the expectation of a tighter monetary policy in the US. and Europe, reinforced by the increase in bond yields, and was among the main drivers during the initial hour of operations.

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The news that the US The Chinese telecommunications giant, ZTE, has executed a definitive agreement.

It did not give any significant impetus to technological actions and did little to build an initial positive mood.

On the other hand, investors also seemed to refrain from further bullish bets in the absence of important economic releases that move the market and especially after the recent escalation.

However, the incoming positive economic data from the US along with the solid corporate fundamentals and the relaxation of geopolitical tensions continue to support the continuation of the upward trajectory in the short term.

At this time

The Dow Jones Industrial Average rose more than 100 points to 25,252 and the broader S & P 500 index rose around 6 points to 2,778. Meanwhile, the Nasdaq Composite Technology underperformed the broader indexes and remained close to yesterday's closing level, just below 7,700.

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