collected by :Jack Luxorcollected by :Jack Luxor
U.S. stocks rose on Monday, with major indexes hitting another round of records as industrials and financial stocks led the way. Check out: The stock market's Trump rally has just begunOther markets: European stocks SXXP, +0.75% traded higher, and Asian markets closed with gains. Among other big gainers on Monday, Apple Inc. AAPL, +1.21% the largest U.S. company by market cap, rose 1.2% and hit an record. Analysts said investors are also relieved that Trump has taken a softer stance toward China and Japan, key trading partners. All three indexes were trading at records, having all closed at all-time highs on Friday.
As it stated in BloombergU.S. stocks rose on Monday, with major indexes hitting another round of records as industrials and financial stocks led the way. Check out: The stock market's Trump rally has just begunOther markets: European stocks /quotes/zigman/2380150/delayed XX:SXXP +0.75% traded higher, and Asian markets closed with gains. Among other big gainers on Monday, Apple Inc. /quotes/zigman/68270/composite AAPL +1.23% the largest U.S. company by market cap, rose 1.2% and hit an record. The Dow Jones Industrial Average /quotes/zigman/627449/realtime DJIA +0.62% rose 129 points, or 0.6%, to 20,395. Analysts said investors are also relieved that Trump has taken a softer stance toward China and Japan, key trading partners.
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U.S. stocks rose on Monday, with major indexes hitting another round of records as industrials and financial stocks led the way. Check out: The stock market's Trump rally has just begunOther markets: European stocks SXXP, +0.75% traded higher, and Asian markets closed with gains. Among other big gainers on Monday, Apple Inc. AAPL, +1.21% the largest U.S. company by market cap, rose 1.2% and hit an record. Analysts said investors are also relieved that Trump has taken a softer stance toward China and Japan, key trading partners. All three indexes were trading at records, having all closed at all-time highs on Friday.
As it stated in BloombergU.S. stocks rose on Monday, with major indexes hitting another round of records as industrials and financial stocks led the way. Check out: The stock market's Trump rally has just begunOther markets: European stocks /quotes/zigman/2380150/delayed XX:SXXP +0.75% traded higher, and Asian markets closed with gains. Among other big gainers on Monday, Apple Inc. /quotes/zigman/68270/composite AAPL +1.23% the largest U.S. company by market cap, rose 1.2% and hit an record. The Dow Jones Industrial Average /quotes/zigman/627449/realtime DJIA +0.62% rose 129 points, or 0.6%, to 20,395. Analysts said investors are also relieved that Trump has taken a softer stance toward China and Japan, key trading partners.
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Stock market correlation with Trump approval ratings
The fears that are rattling the "Masters of the Universe" are varied: Baupost's Seth Klarman is worried about Trump's tax cuts and spending plan. Ever so slowly, Wall Street is being shaken from the trance of President Donald Trump's promises of deregulation and tax reform. In the meantime, stocks and bonds are correlating with President Donald Trump's popularity (or lack thereof), Credit Suisse says. This is not an idea Wall Street signed up for. Trading on TrumpBut let's say Wall Street does get a few things on its wish list, even though House Speaker Paul Ryan says they won't materialize until 2018.read more visit us Money
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