country flagالعربية

Nasdaq is at its highest level in almost 6 months

2019-03-21 03:26 pm | Resource: News | No Views : 124

Nasdaq 100 has reached an invisible level since the beginning of October 2018 during early Wall Street trading on Thursday, with the largest technology companies rising shortly after the opening bell.

Initial US jobless claims fell by 9,000 to 221,000

 US Jobless Claims for the week ended March 16th fell by 9,000 from a revised figure of 221,000 last week, the US Department of Labor said on Thursday. The four-week moving average was 225,000, down 1,000 on average Revised the previous week of 224,000.

The seasonally adjusted unemployment rate for the week ended March 9 was 1.2%, unchanged from the previous week. The unemployment rate insured seasonally during the same week was 1750,000, down 27,000 from the revised figure the previous week. The four-week moving average was 1.772,500, or 6000 more, compared with the revised rate of the previous week of 1,766,500.

Amazon has topped $ 1,800 a share for the first time since Oct. 22. Microsoft shares moved higher in terms of market value during early trading. The iPhone maker reached a market peak of about 919 billion dollars at 11:10 CET

Trump encourages China to buy more US goods

At the heart of the trade negotiations, US President Donald Trump encouraged US negotiators to urge China to reduce trade deficit between the two countries, CNBC reported on Thursday.

Beijing reportedly offered to buy up to $ 1.22 trillion worth of agricultural, energy and aircraft products over a six-year period after the December G20 meeting between Trump and Chinese President Xi Jinping. However, the US president wants the figure to double or triple, sources told the media, while his advisers are said to be trying to shift focus to demands for more long-term structural changes in China's economic organization.

Earlier, the Chinese Ministry of Commerce announced that Vice Premier Liu He will visit the United States in April to conduct another round of trade negotiations.

Wall Street Opens
  • The Nasdaq 100 rose 0.87% at 14:14 CET
  • The Dow Jones Industrial Average was up 0.65% at the same time.
  • The S & P 500 rose 0.62% 14:13 CET.

Other analysis

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…

More analysis

Best trading brokers

All Rights Reserved
Risk Disclaimer: Trading in foreign exchange market (Forex) includes the risks and the possibility of loss. That is why we are keen on providing the highest quality news and analysis concerning the different markets traded. The opinions expressed in the site indicate the opinion of the author only and not the views of the administration or the public, knowing that errors could be encountered and there is a possibility to commit them. Before starting to trade you should carefully consider your investment objectives, and review the level of experience and risk appetite. In some cases, possible high leverage can lead to loss of funds invested, so you can not invest money that you can not handle its possible loss. You should be aware of all the risks associated with foreign exchange trading and seek for advices from an independent financial advisor if you have any does not assume any responsibility after the occurrence of financial loss to the dealer and the user carries full responsibility for the losses resulting from the use of news, analysis and data on the site.