Stock market analytics, financial forecasts

Get the latest economic news from ForexMart, including updates on the financial market, central banks' policy announcements, financial indicators, and other relevant news which can have an impact on the industry.

Disclaimer:  Information provided here to retail and professional clients does not contain and should not be construed as containing investment advice or an investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance.

US exchanges are trading in positive territory on forecasts for state aid


October, 23 2020
watermark Economic news

According to the trading data, the main US stock indexes on Friday are mainly growing against the background of how investors assess the prospects for a new package of support for the US economy.


The Dow Jones Industrial Average (DJIA) rose 0.13% to 28399.19 points, the NASDAQ high tech index fell 0.13% to 11,490.58 points, the broad market S&P 500 index rose 0.27%. up to 3462.8 points.


Investors also continue to monitor the situation around the presidential elections in the United States, which will be held on November 3. The final debate between Republican candidate Joe Biden and incumbent President Donald Trump ended yesterday. According to the poll, Biden won the final debate.


Internal statistics had an additional impact on the US stock market. Composite index of business activity (PMI) in October, according to preliminary estimates, rose to 55.5 points from 54.3 points in September. The PMI index in the services sector increased over the reporting month to 56 points against the September estimate of 54.6 points. Analysts expected the indicator to remain at the same level. At the same time, the PMI in the industry rose to 53.3 points from 53.2 points, growth was expected to 53.4 points.


Feedback

ForexMart is authorized and regulated in various jurisdictions.

(Reg No.23071, IBC 2015) with a registered office at Shamrock Lodge, Murray Road, Kingstown, Saint Vincent and the Grenadines

Restricted Regions: the United States of America, North Korea, Sudan, Syria and some other regions.


© 2015-2024 Tradomart SV Ltd.
Top Top
Risk Warning:
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.