The Dow has crossed 21,000 for the first time, the dollar has jumped the most in six weeks and Treasuries fell as investors grew increasingly confident global economic growth is accelerating, clearing the path for higher interest rates.
Big banks led gains among stocks, with The Goldman Sachs (GS) and JPMorgan Chase (JPM) trading at all-time highs as the odds for a rate hike in two weeks swelled past 65 percent and President Donald Trump's address to Congress did little to alter views that his administration will seek pro-growth policies.
Showing posts with label market outlook. Show all posts
Showing posts with label market outlook. Show all posts
Saturday, March 4, 2017
Friday, August 24, 2012
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