Last Friday U.S Stocks went higher. Their growth came after strong weekly profits, while poor economic data raised the chances of softer monetary policy from the Fed.
The U.S. economy totaled 75,000 jobs in May, noting the second time in more than 3 months that jobs growth added less than 100,000. Experts expect that Dow Jones will grow to 180,000 jobs.
The Dow Jones Industrial Average ended higher by 263.27 points to 25,983.93, driven by profits in Apple and Microsoft. The Nasdaq Composite advanced 1.7% to 7,742.09. In more positive news on Friday, the U.S and Mexico came to an agreement to avoid a tariff dispute with Mexico. The two countries agreed to immediately extend a controversial refugee program and expand security capabilities to stop the flow of illegal Central American migrants.
Gold leaves the 14-month top behind
Weekly Report - 09/06/2019