Last week the markets saw the best January in the last 3 decades. That fact alone supported the investor's trust while Stocks grew to close on firm earnings. Evidence that the FED will pause rate hikes also produced positive attitude and traders rushed back into the market.
Last Thursday the expansion was driven by better-than-expected profits from a mixture of companies, including the much unexpected General Electric but Facebook as well. The Dow Jones Industrial Average closed slightly below the range at 24,999.65 while the S&P 500 rose 0.9% to close at 2,704.09. The Nasdaq Composite was also raised, increasing about 1.3% to 7,281.70.
UK may head to Plan C or Brexit with no deal
Weekly Report - 04/02/2019