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Stocks finish week higher; Wall Street at record highs

Written by Chipoic Ogu and Elizabeth Hokroft

New York (Reuters) – Global shares in volatile trading rose on Friday, on the right track to achieve a weekly gain, driven by positive morale in Wall Street after the decisions of the main central bank.

The federal reserve reduced US interest rates by a quarter of a percentage point on Wednesday, the first reduction since December, while Norway and Canada also reduced prices.

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In Wall Street, all three indexes were closed at record levels. The Dow Jones industrial average increased by 0.37 % to 46,315.27, the S&P 500 index advanced by 0.49 % to 6664.36, and a compound nasdaq participated in 0.72 % to 22,631.48. All three have set standard levels the day before.

European stocks decreased by 0.16 %, and the week was reduced by 0.13 %.

Japanese Nikki fell 0.57 % after the Bank of Japan decided to start selling its property -framed assets. The MSCI scale recorded from the world all over the world a new record of 982.29, adding approximately 1 % for the week.

Investors are betting that central bank price discounts will further strengthen shares.

“The market has focused over the past few weeks on the Federal Reserve meeting and its dependence on the Federal Reserve’s decision and the Federal Reserve decision, and there was enough in the decision to leave everyone slightly disappointed despite his consent mainly.”

The Federal Reserve has stopped supporting the market expectations for a clear series of price cuts, while emphasizing the approach of a meeting separately, based on data. Analysts said that the FBI’s dialect, along with a wide range of views within the US Central Bank, was disappointed by some investors, who were hoping to strengthen the stock market through a rapid transformation into lower prices.

“The markets have achieved very well and now the markets are looking for the next driver or the next part of the news,” said Var. “I think we may enter the profit season in October, these reports will be more important than ever because we need to see it and the Federal Reserve needs to know if the definitions are already making their way to the bottom profits.”

The return on prominent notes in the United States increased for 10 years 2.5 basis points to 4.129 %. The notes return increased for two years, which usually moves with full -time interest rate expectations, 0.6 basis points to 3.574 %.

“The momentum in the short term is clearly higher and we play the market to the upper side because this is what the momentum tells you in the short term,” said Bill Curve Trading in Boston.

“But I think it is more complicated now because the Federal Reserve has clearly chose to make mistakes on the weakest labor market side so that it talks about more price cuts.”

In the wake of his first call in three months, US President Donald Trump said that he and Chinese President Xi Jinping made progress in the Tijook Agreement and will meet face to face within six weeks in South Korea to discuss trade, illegal drugs and Russia’s war in Ukraine.

The Stopgap law would avoid the closure of the October 1 government in the US Senate on Friday. The draft law was approved by the House of Representatives.

The US dollar index rose for a third consecutive session, an increase of 0.33 % to 97.67, but was still ready to become a third consecutive week of losses.

The dollar is strengthening 0.4 % to 0.795 against the Swiss franc, but it decreased by 0.03 % to 147.97 against the Japanese yen.

The euro decreased by 0.35 % against the dollar to $ 1.1745.

The British pound fell 0.64 % to $ 1.3467.

The Bank of England kept suspended prices on Thursday, but slowed the pace of the unloading of government bonds that it bought in previous crises.

Oil prices have stabilized less with the superiority of traders’ fears about fuel demand for typical subsidies from lowering US prices.

Brent crude futures decreased by 1.1 % to settle at $ 66.68 a barrel, while the United States in West Texas has lost a future future 1.4 %, to $ 62.68.

Gold rose by 1.04 % to $ 3681.79, and she got its fifth consecutive week of gains.

(Participated in the reports of Chipoic Oujoh in New York and Elizabeth Hakroft; edited by Jin Meriman, Ceso Nymama, Leslie Adler and Richard Chang)

2025-09-19 02:32:00

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