Wall Street extends record-setting rally; FedEx drops
The bellwether stock was an outlier in an otherwise flat U.S. trading before the opening bell. A Wall Street rally spurred by hopes of an initial U.S.-China trade deal last week had propelled the benchmark S&P 500 to record highs for four straight sessions.But the gains appeared to lose some momentum on Wednesday as investors craved more details about the agreement. Another risk factor is an almost certain impeachment of President Donald Trump after a vote in the U.S.
With little chance of another major update on trade progress between the world’s top two economies before the end of the year, analysts say the market will likely stay around present levels. At 7:20 a.m. ET, Dow e-minis 1YMcv1 were up only 6 points, or 0.02%. S&P 500 e-minis EScv1 remained unchanged and Nasdaq 100 e-minis NQcv1 were up 1.25 points, or 0.01%.In results-driven moves, General Mills Inc rose 2.8% after the Cheerios maker beat quarterly profit estimates.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Stocks rise on Wall Street as rally stretches to fourth dayStocks closed broadly higher on Wall Street on Monday.
Leer más »
Stock market 2020 forecasts, S&P 500 year-end targets from Wall Street - Business Insider'Uncertainty is higher than normal': What 14 Wall Street giants are forecasting for the stock market in 2020, and where they say you should put your money
Leer más »
Wall Street banks court moderate Democrats to blunt Warren's hostilityWall Street bank lobbyists are seeking moderate Democratic allies in Congress to deprive Elizabeth Warren of votes and curb policies they consider hostile to their interests, according to more than a dozen lobbyists, consultants and campaign data. A leading Democratic 2020 presidential hopeful and fiery
Leer más »
Why Wall Street sees the stock market on the verge of a ‘melt-up’Analysts at Bank of America Merrill Lynch, led by strategists Michael Hartnett, describe the market as “primed for Q1 2020 risk asset melt-up.” Here’s why.
Leer más »
The IPO Blues: Finding the Right Number on Wall StreetSeveral fashion names are still looking to the public market, with many having to factor some high-profile flops into their calculations.
Leer más »
U.S. spending deal would raise tobacco age, deny some of Trump border wall fundingCongress would raise the U.S. tobacco purchasing age to 21 and permanently repea...
Leer más »