US. The stocks rose on Friday as the major benchmarks focus on their strongest weekly gains per month, and as investors set out optimistic headlines on US-China trade developments as well as data. in conflict with the US economy.
Friday stocks will also be affected. quadruple irritation, simultaneous expiration of index-stock futures and index-stock options, as well as individual futures and stock options.
How to succeed with major indexes?
Dow Jones Industrial Mean
DJIA, + 0.57%
increased 35 points, or 0.1
SPX, + 0.56%
climbed 9 points, or 0.3%, at 2,815. Nasdaq Composite Index
COMP, + 0.88%
promoted 53 points to 7,683, a gain of 0.7%.
For the week, the Dow has set a weekly gain of 1.3%, and the S&P 500 is expected to rise by 2.8%, while the Nasdaq is improving with a 3.8% increase in five trading days. past. These gains would give the greatest weekly gain from the period ending February 15, according to FactSet data.
What are benchmarks doing?
The Dow is weighed down this week by Boeing Inc . ’
BA, + 1.40%
struggled to establish 737 Max 8 and Max 9. Wider market performance, and especially technical shares, were stronger after data showing that workers were United States
investors are presenting comments from Premier Li Keqiang from China, leader No. 2 in Beijing after President Xi Jinping, expressed the hope that trade agreement between China and the United States would be achieved. suited to both parties.
He also rejected allegations that the country used its technology to look at other countries, trying to convince one of the main issues that stand between the US and China in a trade agreement.
“This is not China's behavior. We did not do that and we will not do that in the future, ”said Li in translated comments at the end of Thursday's People's Congress
He also said that the parties might be a few weeks away from a tariff agreement, but China described as "very responsible and reasonable." Separately, US Treasury Secretary, Steven Mnuchin, speaking to reporters after his evidence from the Senate before a finance committee said that no date had been set for a meeting between Xi and Trump to complete a deal, adding to it "a lot work to be done yet. ”
News Bloomberg a day ago said that a meeting that was tentatively submitted at the end of March would be pushed back to April.
Trade talks between the two of the world's largest economies are one of the main concerns of investors because warfare between the two economies could hurt the world.
Bank of Japan left unchanged interest rates, as expected, while Japanese government bond purchases were being maintained simultaneously.
Separate from his views on trade, Li China's weakness in the world's second largest economy and promised to put in place ways to reinforce it, including interest rates and bank reserve requirement ratio. cutting.
What data are in focus?
Manufacturing activity in New York state expanded at a slower rate than expected, the New York State Empire Fed index fell to read 3.7 in March from 8.8 in the previous month, nearly two years low. Economists expected to read 10, according to a survey by Econoday.
U.S. Industrial production increased by 0.1% in February, below the expected 0.4% increase from economists, according to a MarketWatch poll. However, the January figure was revised to show a 0.4% drop, rather than a 0.6% reduction as previously estimated.
The report also showed that resource use fell slightly to 78.2% in February, from 78.3% in January.
Job openings in the United States rose to 7.58 million in January, according to the Department of Labor, the third highest level recorded.
D consumer sentiment rose in March, to 97.8 from 93.8 in February, according to pre-reading consumer mindset index of the University of Michigan. The reading was above the 95 level expected by economists who were polled by MarketWatch.
What are strategists saying?
“The movement is higher this morning driven by views [China premier Li Keqiang’s]” that the Chinese government was committed to taking motivated measures needed to raise the world's largest economy, Brent Schutte, key investment strategies by Northwestern Mutual. Asset Management, MarketWatch said.
“There are smaller cap companies doing well, indicating that there is a risk attitude on Wall Street,” he said, and pointed out that consumers had strong confidence in the data that consumers had. SA due to expansion of US economy.
Pierre Veyret, a technical analyst at ActivTrades said that “optimism was largely built on the basis that there was great hope after the recent comments made by President Trump on“ China very responsible and reasonable ”. The President of the United States also said he would have news of China's trade dealings in the next 3-4 weeks and this year's rally could lead to an extension of stocks. "
" A fourth day of his fourth choices, likely to cause there to be size and volatility there, "wrote Peter Cardillo, a chief market economist at Spartan Capital Securities.
What are the focus stocks
Shares Facebook Inc .
were under pressure after the social media firm said that two senior executives were leaving the company. The stock was down 2.5%. Thursday's shares fell by 1.9%, on news that the jury is taking a criminal investigation into the company's shared data practices.
Amazon Inc .
AMZN, + stock rose 0.89%
0.5% early Friday, after CapitalBanc Capital's rating of the stock rising to overweight.
The shares of Boeing were 0.9% higher but remain down almost 11% for the week.
Bioscrip Inc .
Stock BIOS, -30.15%
fell by 30% after the company notified the merger of shares with Option Option Care Shares.
Broadcom Inc . on Friday morning 10.7%, after the chip maker reported on fiscal earnings one quarter of a Thursday evening which exceeded expectations.
Shares Ulta Beauty Inc .
ULTA, + 8.57%
drew 8.1% after the beauty products retailer reported the fiscal results of the fourth quarter of Thursday evening which exceeded expectations, and showed an increase in online sales.
Newell Brands Inc .
NWL, shares were -0.96%
focus after chief executive Michael Polk said Thursday evening that he would retire from the company at the end of the second quarter. Stock dropped .50.9% Friday
Shares Oracle Corp .
fell 0.7%, after Thursday night's report showed that the software software company made earnings estimates for the third fiscal quarter who exceeded expectations and attitudes to match forecasts  How do the major benchmarks take yesterday?
On Thursday, the Dow rose to 7.05 to 25,709.94, a gain less than 0.1%. The S&P index 500 slipped 2.44 points to 2,808.48, with little change, and the Nasdaq Composite Index lost 12.50 points, or 0.2%, to 7,630.91.
How are markets trading elsewhere?
In Asia, Friday closed higher stocks, with the Nikkei of Japan 225
NIK, + 0.77%
Shanghai China Composite Index
SHCOMP, + 1.04%
and Hong Kong Hang Seng Index
HSI, + 0.56%
rising more than 0.5%
European stocks were also increasing, with the Stoxx Europe 600
SXXP, + 0.45%
adding 0.6% to it.
In commodity markets, crude oil prices
was higher than the gold price
GCJ9, rose + 0.63%
and the US dollar.
gone lower against his colleagues.
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