Market news
20.02.2019, 21:18

Major US stock indexes ended in positive territory

Major US stock indexes rose slightly, as investors continued to follow the last round of trade negotiations between the US and China, and also analyzed the minutes of the last Fed meeting,

The protocol reported that the Fed leaders at their meeting held on January 29-30, agreed to announce their intention to stop the balance reduction later this year. “Such a statement will make a more definite process for completing the normalization of the Fed’s balance sheet," the protocol noted. The leaders also took a pause in the rate hike cycle until there is more clarity about the implications of increasing risks to the growth of the US economy since the short-term rate was raised in December. "Many representatives said that it was not yet clear what adjustments later this year would probably need to be made in the target range of rates for federal Ndam, "- said in the protocols.

Market participants also followed US and Chinese trade negotiations. A new round of talks between representatives of the two countries started yesterday, and a meeting at the highest level is scheduled for Thursday, the results of which, as investors hope, will allow the protracted trade war to be resolved before the deadline for concluding a deal in early March. President Trump offered to postpone the deadline to make a deal, telling reporters that March 1 is not a “magic date.” The extension of the deadline will prevent the immediate increase in tariffs on imports from China of goods worth $ 200 billion to 25% from 10%.

Most of the components of DOW finished trading in positive territory (18 out of 30). The growth leader was Caterpillar Inc. (CAT, + 3.44%). Walgreens Boots Alliance Inc. was an outsider. (WBA; -3.60%).

Almost all sectors of the S & P recorded an increase. The industrial goods sector grew the most (+ 0.7%). Only the health sector decreased (-0.1%)

At the time of closing:

Dow 25,954.44 +63.12 +0.24%

S & P 500 2,784.70 +4.94 +0.18%

Nasdaq 100 7,489.07 +2.30 +0.03%

© 2000-2024. All rights reserved.

This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).

The information on this website is for informational purposes only and does not constitute any investment advice.

The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.

AML Website Summary

Risk Disclosure

Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.

Privacy Policy

Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.

Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.

Bank
transfers
Feedback
Live Chat E-mail
Up
Choose your language / location