Monday, February 20, 2017

Wall Street's optimism Market On Close Up Of Donald Trump Presidential Policy


PT Equityworld - Wall Street ended up on the weekend, on Saturday morning (18/02), a new closing record, supported optimism economic policies of US President Donald trump, while investors continue to oversee the French presidential election.

The Dow Jones Industrial Average closed just above breakeven, with UnitedHealth shares contributed the most to the losses and the stock of Boeing's most profitable.

The S & P 500 closed 0.1 percent higher, with superior telecommunications sector. The telecommunications sector, which has become one of the worst performers for most of Friday's session, erasing losses in afternoon trading. Reuters reported that Japan's Softbank Group is ready to hand over control of Sprint to T-Mobile to achieve a merger of two US wireless operators.

The Nasdaq outperformed, gaining 0.4 per cent as the technology sector posted a 13-day winning streak.

The third main index posted a weekly gain of more than 1 percent.

Stocks traded mostly lower throughout the session Friday, as investors digested the market's gains recently.

The three major indexes have recorded record high closing five consecutive sessions before closing mixed Thursday. Which raised the prospect of the stock is the policy of President Donald Trump that presents a plan "phenomenal" tax immediately, as well as solid economic data.

read our article in PT Equityworld

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