The stock market closed the week in the green
US stock indexes, including the S&P 500 and Nasdaq, ended the week confidently in positive territory. This was largely due to encouraging developments in trade talks with China and resilient employment figures. The upbeat mood was further bolstered by stronger macro data and signs of external stability.
All 11 sectors of the S&P 500 posted synchronized gains, providing additional momentum. This broad-based rally indicates widespread market support and growing confidence in the outlook for the US economy. [Read more at the link.]
The S&P 500 keeps on with its rally in light of strong corporate earnings
The prolonged rally in the S&P 500 reflects market participants' confidence, despite analysts' warnings about a potential recession. The main drivers of growth remain solid employment reports and impressive earnings results from major tech companies.
Investors continue to overlook macroeconomic risks, instead betting on the strength of the corporate sector and the dovish tone from policymakers. The market remains resilient, even amid heightened uncertainty. [Read more at the link.]
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