Daily Mail: Trump's stock market goes from strength to strength as the Nasdaq eclipses the 9,000 mark for the first time and the S&P 500 index heads for its biggest annual increase since 2013
* President Donald Trump's stock market goes from strength to strength according to Wall Street figures
* The S&P 500 is paced to reach its biggest annual gain since 2013 at 29%
* The stock market index gained 28.6% this year compared to the 12.8% average
* Nasdaq surpassed the 9,000-point level for the first time Thursday
* Technology stocks paved the way for the huge increase as the United States stock markets reopened following the Christmas holiday
* The S&P 500 has finished with a weekly gain in 10 out of the past 11 weeks
* It is paced to reach its biggest annual gain since 2013 at 29%
* Holiday retail sales rose 3.4%, with online shopping increasing 18.8%
* Amazon was the biggest gainer in the S&P 500, climbing 4%. Macy's rose 1.8% and Nordstrom added 1.2%.
President Donald Trump's stock market goes from strength to strength according to Wall Street figures.
The numbers released Thursday revealed record highs as Nasdaq surpassed the 9,000 mark for the first time.
The benchmark S&P 500 has returned more than 50% since Trump was elected - more than double the 23% average for presidents by their third term, CNBC reports.
The index is set to gain 28% this year - more than the average of 12.8% for the third year of previous presidents.
Read more ....
WNU Editor: It has been a good year .... Global stock markets gained $17 trillion in value in 2019 (CNBC)
More News On Stock Markets Hitting Another Record High
Nasdaq crosses 9,000, Dow and S&P 500 notch new highs as year-end rally rolls on -- CNBC
Global stocks rally to record highs; gold gains -- Reuters
Stocks rally to records, Nasdaq blows past 9,000 for first time -- FOX News
US stock markets hit record highs on trade deal hopes -- The Guardian
Nasdaq tops 9,000 on boosts from Amazon, trade optimism -- Reuters
1 comment:
Zerohedge is a lot of gloom and doom. It might be a Russian influence operation. Still I think it has a point. The market is disconnected from reality.
I think it has to be that way for the time being because of Nancy Pelosi and other Cro-Mags.
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