Friday 20 July 2018

BANKING AND INDUSTRIAL SHARES GAINED IN THE WALL STREET MARKET

                                                   Today U.S.Stock Market Analysis

Today in the wall street market the Banking and Industrial Sector stocks rallied. According Standard and Poor report these shares gained 2.2 percent which is highest in the month of July.The yielding capacity of the us economy improving slowly and steadily.

The financial experts are anticipating good returns in Us Stock market in the coming week. They also thinking the trade issues will be ignored. The trade war between the two major countries costs around 34 billion dollars. But today the issue is ignored  and the markets closed higher compare with the last week.

Today in the Morning session The Dow Jones share market  Average  price was rose to  267.57 points, the value is  24,724.05, the S&P 500 was up 19.36 points, or 0.70 percent, at 2,779.18 and the Nasdaq value was up 38.48 points, or 0.50 percent, at 7,726.87.

Caterpillar (NYSE:CAT) rose 3.5 percent, giving  the biggest tonic  to the market. The S&P commercial sector climbed to 1.7 percent, with military stocks are all gaining.

Tesla (NASDAQ:TSLA) was rose to 1.1 percent after the data released to the company increased prices of its Model X and S cars by over $20,000 due to increasement of tariff in china.

After analyzed the data of the us economy once again I suggest  the investors to invest their money in short term in Japanese yen.  But still I strongly believe that the us economy will recover and give good yields to the investors even though it involves in the trade war.So that who want to get good yields in the long term basis it is better to invest the us dollar.

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