Wall ST is closed, a counterattack of gold in the commercial fog; The profits, the data is looming on the horizon

Written by Stephen Collip

New York (Reuters) -The S&P 500 and Dow team ended in positive lands at the end of a volatile session on Monday and Gold Advanced, where investors looked at signs of progress in customs tariff negotiations at the highest week of companies and economic data.

The weak technology sector on the Nasdaq Stock Exchange has decreased, while the dollar was advanced against a basket of global currencies and safe armed gold.

“We had a gentle gathering last week,” said Ross Mayfield, an investment strategy analyst in Bird in Louisville. Kentucky. “But in the absence of a great positive catalyst, I think it will be difficult for stocks to climb much higher than here.”

On Monday, Mideld Girl called “a little drift, with a shortage of incentives and a lot that is concentrated in the back half of the week.”

On Monday, US Treasury Secretary Scott Beesen said that many US major trade partners have made “very good” introductory proposals, adding that recent movements in the recent China to exempt some American goods from their revenge tariff showed willingness to tensions between the largest economists in the world.

“We were at a stage where, unless we get a major decision on the commercial front, or the large budget trend of some economic data or profits this week, I think we are in this trading scope that I feel we will surround for a period of time.”

Despite the hopes of progress, the economists included in Reuters see a great danger of global recession due to Trump’s tariff. Three months ago, they expected the global economy to grow in a healthy clip.

The height of the profit season in the first quarter this week, with Meta, Microsoft, Apple and Amazon.com platforms among the prominent results on the list.

Although no American economic data is issued on Monday, the week is loaded with close monitoring indicators such as personal consumption expenses, the Purchasing Institute of Procurement Institute Index at the Institute of Supply, and the pre -GDP of the United States and the work report in April.

Dow Jones Industrial Malce 114.09 points, or 0.28 %, increased to 40,27.59, S & P 500 3.54 points, or 0.06 %, to 5528.75, and the Nasdaq compound decreased 16.81 points, or 0.10 %, to 17,366.13.

European stocks rose, as investors have been optimistic that the US -Chinese trade tensions will fade.

The MSCI scale increased all over the world 3.35 points, or 0.41 %, to 828.09.

The Stoxx 600 in Europe increased by 0.53 %, while the FTSEUROFIRST 300 index in Europe increased 10.13 points, or 0.49 %.