FYI: U.S. stocks advanced Friday with major benchmarks on course to close out the week with gains amid continuing hopes for a trade deal between the U.S. and China.
The Dow Jones Industrial Average climbed 181points, or 0..70%, to 26032, bouncing back after sliding more than 100 points Thursday. The S&P 500 rose 0.64%, and the technology-heavy Nasdaq Composite added 0.91%.
The Dow and Nasdaq, along with the small-cap Russell 2000, are all on pace to extend their winning streaks to nine consecutive weeks, while the S&P 500 is on course to tally gains for the fourth straight week.
All four indexes are up at least 11% for the year, largely thanks to signs of less aggressive Federal Reserve interest-rate policy and growing hopes that U.S. and Chinese negotiators are progressing toward signing a trade deal.
Nine of the eleven S&P 500 Sectors, led by Technology were in the green. Consumer Staples and Energy were the laggers.
Regards,
Ted
WSJ:
https://www.wsj.com/articles/global-stocks-on-course-for-weekly-gains-11550826589Bloomberg Evening Briefing:
https://www.bloomberg.com/news/articles/2019-02-22/your-evening-briefingBloomberg:
https://www.bloomberg.com/news/articles/2019-02-21/asia-stocks-look-set-to-slip-treasuries-decline-markets-wrap?srnd=premiumIBD:
https://www.investors.com/market-trend/stock-market-today/stock-indexes-market-trade-trump-china/Reuters:
https://www.reuters.com/article/us-usa-stocks/wall-street-climbs-as-trade-hopes-power-tech-shares-idUSKCN1QB1L9?il=0CNBC:
https://www.cnbc.com/2019/02/22/stock-markets-futures-mixed-amid-weak-data-us-china-trade-talks.htmlU.K.:
https://www.marketwatch.com/story/london-indexes-rise-as-heavyweight-miners-and-trade-talk-hopes-drive-markets-up-2019-02-22/printEurope:
https://www.marketwatch.com/story/european-markets-green-as-trade-talk-optimism-spreads-socgen-up-on-cost-cut-talk-2019-02-22/printAsia:
https://www.marketwatch.com/story/asian-markets-pull-back-following-wall-streets-lead-2019-02-21/printBonds:
https://www.cnbc.com/2019/02/22/bond-market-treasury-yields-fall-amid-weak-data-us-china-trade-talks.htmlCurrencies:
https://www.cnbc.com/2019/02/22/forex-market-greenback-australian-dollar-in-focus.htmlOil:
https://www.cnbc.com/2019/02/22/oil-markets-us-crude-output-opec-led-supply-cuts-in-focus.htmlGold
https://www.cnbc.com/2019/02/22/gold-markets-us-china-trade-federal-reserve-in-focus.htmlWSJ: Markets At A Glance:
https://markets.wsj.com/usMajor ETFs % Change:
https://www.barchart.com/etfs-funds/etf-monitorSPDR's Sector Tracker:
http://www.sectorspdr.com/sectorspdr/tools/sector-trackerSPDR's Bloomberg Sector Performance Pie Chart:
https://www.bloomberg.com/markets/sectorsCurrent Futures:
https://finviz.com/futures.ashx
