Showing posts with label wall. Show all posts
Showing posts with label wall. Show all posts

Monday, November 14, 2016

Equityworld Futures : US STOCK victory Trump Push the Dow Jones Touch New Top Level

Equityworld Futures-Stock markets closed mixed on Friday trading, with the Dow Jones Industrial Average ended at a record closing high of all time and the best week since 2011 after the unexpected victory of Donald Trump in the US presidential election.

The Dow Jones Industrial Average closed up 0.21% at 18847.66, while the Standard & Poor's 500 closed down 0.14% to 2164.45 position, weighed down by the energy sector.

Read :Equityworld Futures : EXCHANGE RUPIAHS NOVEMBER 14 Early Week, Rupiah Strengthens Opened 19 points to 13,364

Throughout last week, the Dow Jones gained 5.4%, the largest increase since 2011, while the S & P 500 gained 3.8% last week.

Since Donald trump victory on Tuesday, investors have been speculating on Trump's campaign promise to simplify regulation in the health sector and the financial sector as well as increasing spending on infrastructure.

"Wall Street will be waiting a lot of promise (Trump) and the announcement of the policy to see if it can establish the optimism that we saw in the stock market in recent days," said Alan Gayle, senior analyst and director of asset allocation at RidgeWorth Investments told Reuters, Sunday (11/13/2016).

The financial sector was the S & P 500 is up 8% in the last three trading days to its highest level since the financial crisis of 2008, but still has not recovered to the level before the crisis.

On the other hand, Federal Reserve Vice Governor Stanley Fischer said on Friday that the outlook for economic growth is strong enough for a gradual rise in interest rates, but the US central bank is also still monitoring the long-term interest rate hike by the government.

 
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