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Wall Street rises ahead of Federal Reserve rate decision

2019-07-31 01:44 pm | Resource: News | No Views : 31


ارتفاع وول ستريت قبل قرار مجلس الاحتياطي الفيدرالي بشأن سعر الفائدة

Markets in the US were trading ... shortly after the opening bell on Wednesday, as investors awaited the Federal Reserve's decision on interest rates. US Federal Reserve Chairman Jerome Powell will present the Federal Open Market Committee's decision at a news conference before the end of the session, while Qualcomm chip maker and Western Digital hard drive maker are due to release earnings after the close. Bell. Meanwhile, trade representatives from Washington and Beijing concluded another round of talks without significant progress.

Private sector employment in the US is slightly more than expected in July

A report released by the ADP payroll processor showed Wednesday that private sector employment in the US rose slightly more than expected in July. As the US private sector added jobs more than expected amid fears of a slowdown in the economy and a near-full employment market. The report by ADB and Moody's Analytics showed that job vacancies in the private sector rose by 156K in July, while 150,000 were expected to be added. The number of jobs added in June was revised up to 112K instead of An initial estimate of 102,000 posts.

 Markets are eyeing the US non-farm payrolls report for July due on Friday, with expectations for the economy to add 165,000 jobs and unemployment to 3.6%.
  • Employment in the private sector rose by 156,000 jobs in July after rising by 112,000 jobs in June, ADP said.
  • China: We resume trade talks with the United States in September

China and the United States plan to meet again in September to resume trade talks after the final round of negotiations in Shanghai, where both sides discussed China's purchase of US agricultural products - a key demand for Donald Trump. US negotiators, including Treasury Secretary Stephen Manuchen and trade representative Robert Laithzer, concluded talks with their Chinese counterparts, including Vice Premier Liu Hei.

The two sides' negotiators discussed China's imports of agricultural products from the United States based on their needs, a report said, adding that the September meeting would include senior officials.

US Stocks Open
  • The Dow Jones Industrial Average rose 0.18% shortly after the start, driven by a rise of 4.58% from Apple.
  • The Nasdaq 100 was trading at 0.22% as the price of Electronic Arts Inc. By 7.85%.
  • At the same time, the S & P 500 index rose 0.08%.


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Best Opportunities, Vision and Technical Analysis for The NASDAQ100 17 April 2019

We offer you the analysis of the NASDAQ 100 index on Wednesday , April 17, 2019 with the most important forecasts for the NASDAQ 100 index in the US market. Time frame Used - four hours The NASDAQ 100 is moving in a bullish direction in the near term. The Nasdaq 100 is still facing resistance and selling pressure around 7670 levels, forming a negative candlestick pattern as the indices…

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