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Wall Street opens steadily after reports of trade deal at risk

2019-11-06 03:46 pm | Resource: News | No Views : 21

 Wall Street opens steadily after reports of trade deal at risk

Stocks in the United States began trading on Wednesday after media reports that the trade deal between Washington and Beijing may not be as close to signing as officials had previously promoted. Claimed the CEO of Huawei. The US ban helped the company achieve higher growth in sales and profits. In business news, health company reported CVS. That its third-quarter revenue jumped 36.5% year on year. Xerox Holdings had tried to buy HP. In cash and stock deal.

WILLIAMS: The Fed will be protective to move forward

New York Federal Reserve Chairman John Williams confirmed on Wednesday that the three interest rate cuts were "very effective" in managing the risks to the US economy, adding that the central bank would be data-driven precautionary data.

Williams said that while the labor market was already strong with the unemployment rate declining, slowing global growth and silent inflationary pressures are arguing for a more favorable policy. However, the slowdown in the global economy has not yet hurt job growth, which remains strong.

Earlier, Robert Kaplan, chairman of the Federal Reserve Bank of Dallas, said the Fed's policy was "where it should be."

US Stock Trading
  • The three indicators started flat at the opening bell, so only to rotate the bottom line shortly after. On the Dow Jones Industrial Average, Walgreens Boots Alliance Inc. The worst performer, losing 2.59%.
  • On the Nasdaq 100, Microsoft fell. By 3.62%.
  • Broadridge Financial Solutions retreated. Up 5.32% on the S&P 500.

The euro rose 0.11% at 9:29 ET, selling at $ 1.10832. The pound was simultaneously steady, as the hands were changed against 1.28794


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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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