The stocks get confirmation with the reduction of the risk of closure in the United States: the wrap the markets

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By sarajacob2424@gmail.com


(Bloomberg) – Global stocks rose on Friday with the threat to the closure of the US government and the increasing expectations that China will reveal comprehensive measures to increase the demand for consumer.

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The S&P 500 contracts increased by 0.8 %, as the Stopgap Funds has taken place in Congress after the Senate Democratic Leader Chuck Schumer chose not to prevent this procedure. This helped to raise the mood after the measurement index extended three weeks from 10 % on Thursday, which is the technical threshold for a correction. Futures have gained on NASDAQ 100 %.

“The budget bill seems to be still going through some opposition from the Democrats, and this has raised these feelings in the United States and perhaps there is also some indirect impacts on Europe,” said Sophie, followers, economist in Julius Bayer and Partners.

“This may be just some decline, given that we have a lot of uncertainty with irregular policy movements in the United States.”

The Stoxx 600 in Europe increased by 0.4 %, with the reinforcement of resources and consumer shares by Beijing’s plan to attend a press conference on Monday to detail the steps to increase consumption. The news also raised the CSI 300 index of Chinese mainland to the highest level this year.

Treasury bonds prepared some gains from the previous session, when investors rushed to Haven’s assets in a move that raised gold to the dollar record and support. Greenback’s gains extended to Friday, strengthening a currency scale for the third day. The weakest of the pound after the data showed that the UK economy was unexpectedly shrinking at the beginning of 2025.

Avoiding the closure of the government will eliminate uncertainty for merchants, which already frightens threats to the global economy from President Donald Trump’s war. Two months after Trump’s presidency, the feelings in Wall Street turned from optimism to nervousness, and the shares of $ 5 trillion of US stocks were erased, and the S&P 500 placed on the right track for the fourth consecutive loss week.

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The Markets Live Pulse Survey has shown that these risks have turned the most optimistic investors on the treasury bonds for at least three years. Another contract of Haven Asset is slightly lower than a threshold of $ 3000.



https://media.zenfs.com/en/bloomberg_markets_842/d3d5e48da622accb949364381bc17e34

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