The stock market ended above Friday, sending the and registering closing heights, because the trade agreement hopes that data on the risk of fueled investors and economic data have contributed to consolidating expectations to reduce rates of the federal reserve.
Source: Investing.com
The three main American stock market indices displayed strong gains for the week. Benchmark S&P 500 joined 3.4%, Nasdaq, heavy with technology, jumped 4.3%, while the 30 shares advanced 3.8%.
The coming week of the holidays should be hectic, because investors evaluate the prospects of the economy, inflation, interest rates and profits of companies in the middle of the trade war of President Trump.
The American stock markets will end early at 1:00 p.m. Thursday and will remain closed on Friday for the independence holidays on July 4
The most important thing in the calendar will be the US employment report on Thursday for June, which should show that the economy has added 120,000 positions. The unemployment rate is observed up 4.3%.
Source: Investing.com
This will be accompanied by a heavy list of fed speakers, including President Jerome Powell. Traders have evaluated in a Fed diet will implement its first rate drop of the year in September, with a probability of 20% smaller on a drop in rate to come in July.
And although the profits season is almost over, some notable companies will report in the coming week, including the constellation brands (NYSE 🙂 and Progress Software (Nasdaq :).
Whatever management of management, below, I highlight a title likely to be in demand and another which could see a new drawback. Remember, however, my deadline is justFor the coming week, from Monday June 30 to Friday July 4.
Stock to buy: Tesla
Tesla (Nasdaq 🙂 is about to announce its global vehicle delivery and production data on the second quarter on Wednesday morning, and the configuration seems favorable to a positive surprise.
TSLA closed the Friday session at $ 323.63, just above its 50-day mobile mediums ($ 311.29) and 200 days ($ 312.82). The stock having consolidated in recent weeks, a delivery of delivery could revive the momentum and push higher actions.
Source: Investing.com
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