Wednesday, 27 May 2020
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U.S. Stocks Set for Weekly Gain as Treasury Yields Rise
Friday, 13 September 2019 23:36 WIB | MARKET UPDATE |DOW JONESS & P 500Saham AS

U.S. stocks were mostlly higher as the rotation from growth to value shares carried on. Treasury yields climbed and the dollar slipped.

Shares globally are headed for a third weekly gain thanks to easing trade fears and a new round of central bank stimulus. Higher-than-forecast U.S. retail sales in August added to the optimism. The Stoxx Europe 600 rose a fourth day led by banks and miners.

The S&P 500 Index rose 0.1% to 3,012.34 as of 11:35 a.m. New York time, the highest in more than six weeks.

The Dow Jones Industrial Average climbed 0.2% to 27,232.15, reaching the highest in more than seven weeks on its eighth consecutive advance.

The Nasdaq Composite Index was little changed at 8,191.77.

Source : Bloomberg

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