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The Breakfast Briefing: Stocks Aim For 4th Straight Daily Gain; S&P, Nasdaq Again Poised For Record
FYI: S&P 500 and Nasdaq are on track for their fifth straight monthly advances. U.S. stock-index futures were slightly higher on Wednesday, suggesting that equities could push even deeper into record territory as major indexes aim for their fourth straight advance.
Recent gains have come on an apparent easing of tensions between the U.S. and other major countries on trade policy.
The threat of tensions escalating into a full-blown trade war have been a primary driver of market activity in both directions for the past several months. While investors continue to watch the situation, particularly ahead of the latest round of negotiations with China and other major trading partners, stocks have largely looked past the issue of late. Instead, the uptrend in equities has been supported by strong corporate earnings and improvements in economic data. Regards, Ted MarketWatch: https://www.marketwatch.com/story/stocks-aim-for-4th-straight-daily-gain-sp-nasdaq-again-poised-for-records-2018-08-29/print
