U.S. stocks rose on Wednesday, extending a strong start to the quarter as rising...
- U.S. stocks rose on Wednesday, extending a strong start to the quarter as rising hopes of a trade deal with Beijing and bullish reports lifted the semiconductor index to a record high.
Chip stocks, which are heavily reliant on China for their revenue, have surged more than 27% this year on optimism about trade and recovering demand for chips.“Tech and semis are a huge part of what China does and what the U.S. consumes,” said Michael Antonelli, market strategist at Robert W. Baird in Milwaukee.The rally came as White House economic adviser Larry Kudlow sounded upbeat about the trade talks, adding that Beijing and Washington hope to get closer to a deal this week.
Earlier, the ADP National Employment Report showed U.S. private employers added 129,000 jobs in March, below economists’ estimates. The gains put the S&P 500 index 1.7% away from a record high in September as a dovish Federal Reserve and trade hopes set the stage for a strong start to the quarter.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Here are the biggest analyst calls of the day: Caterpillar, AMD, Intel, Dunkin' Brands & moreHere are the biggest calls on Wall Street on Wednesday
Weiterlesen »
Wall Street opens higher, U.S.-China trade talks in focusU.S. stocks opened higher on Thursday, helped by gains in technology and consume...
Weiterlesen »
Asia set to trade higher following Wall Street gainsData released Monday showed promising signs in the world's two largest economies, U.S. and China, which helped to ease fears of a global economic slowdown.
Weiterlesen »
Wall Street treads water as growth worries weigh; trade in focusWall Street's main indexes swung between gains and losses on Thursday, as o...
Weiterlesen »
Asia lifted as Wall Street climbs on trade developments, pound sagsAsian stocks rose on Monday, as signs of progress in U.S.-China trade talks and ...
Weiterlesen »
Wall Street ends up as yields, trade optimism riseU.S. stocks climbed on Thursday as Treasury yields rose off 15-month lows, with ...
Weiterlesen »
JPMorgan Is Hiring For More Blockchain Jobs Than Any Other Wall Street FirmJPMorgan Chase was the only financial firm in the top 10 companies posting jobs with the words “blockchain,” “cryptocurrency,” or “bitcoin” over the past year
Weiterlesen »
Wells Fargo jumps as Wall Street thinks Sloan's exit will ease regulatory scrutinyWells Fargo shares rose more than 2 percent in premarket trading Friday as Wall Street analysts largely welcomed the announcement that Tim Sloan would step down as CEO immediately.
Weiterlesen »
Wall Street pauses after recent surge, Walgreens slides on profit warningA three-day surge in U.S. stocks stalled on Tuesday, as a downbeat forecast from...
Weiterlesen »
Wall Street Journal: Trump told Fed chair 'I'm stuck with you'President Donald Trump hasn't stopped railing against Jerome Powell, his Federal Reserve chairman, for holding back the US economy.
Weiterlesen »