Today-10-07-2018 Stock Market News
The Us stock Market Wall Street Started little bit higher on today, as latest quarter income were in concentrated but were get down by lingering business problems concerns.</p>
<p>The S&P 500 get profit around six points or 0.24% to 2,790.80 as of 9:39 AM ET (13:39 GMT) while the Dow composite earned 109 points or 0.44% to 24,885.76 and tech heavy NASDAQ Composite was climb over 12 points or 0.17% to 7,769.08.</p>
<p>The second quarter economy results come this week, with Delta Air Lines Inc (NYSE:DAL) publishing its business results on Wednesday, while the larger banks, including JPMorgan (NYSE:JPM) and Bank of America (NYSE:BAC), published on Friday.</p>
<p>Profit motive was caused the trade tensions as traders look for Big Tax rebates from the U.S.Government which gives good impact on their profits.</p>
<p>PepsiCo (NASDAQ:PEP) limited to 2.29% after publishing higher than expected their economic results, while Tesla (NASDAQ:TSLA) got profit around 2.19% luxury car maker is preparing to start a manufacturing unit in China. Citigroup (NYSE:C) climbed up to 0.42% while Boeing (NYSE:BA) was climbed up to 1.19% and Twitter Inc (NYSE:TWTR) got around 1.63% profit</p>
<p>On the other side Netflix (NASDAQ:NFLX) loose 0.67% while Advanced Micro Devices Inc (NASDAQ:AMD) was loose 0.75% and Amazon.com (NASDAQ:AMZN) little bit down 0.14%.</p>
<p>On the other side European stocks were mostly closed with profits. Some German companies climbed up to 74 points or 0.59% while the European country France the CAC company 40 climbed up to 33 points or 0.62% and in Britian, the FTSE 100 was climbed up 11 points or 0.15%. However the pan-European Euro Stoxx company 50 got nine points or 0.27% while the IBEX the head office is in spain 35 drop down 37 points or 0.38%.</p>
<p>In the commodities market the gold futures drop down around 0.38% to $1,254.80 Mean while The Petroleum futures climbed up to 0.96% to $74.56 for one barrel. The American dollar shows good performance against the basket of six major currencies in the Forex Market.</p>
<p>In my opinion I observe that the gold future market will give good yields in the next coming months. The reason is if the rates of petroleum products increase automatically the rate of inflation will gone up. After that the investors will think the safest zone is gold market, the funds flow in the gold market will increase. So that it will give good yields. In my yesterday's article I analyzed the us dollar position, today it happened. The investor will choose the gold market as another option to get good yields from their investments.
http://www.financialmarket24x7.com/today-10-07-2018-stock-market-news/
<p>The S&P 500 get profit around six points or 0.24% to 2,790.80 as of 9:39 AM ET (13:39 GMT) while the Dow composite earned 109 points or 0.44% to 24,885.76 and tech heavy NASDAQ Composite was climb over 12 points or 0.17% to 7,769.08.</p>
<p>The second quarter economy results come this week, with Delta Air Lines Inc (NYSE:DAL) publishing its business results on Wednesday, while the larger banks, including JPMorgan (NYSE:JPM) and Bank of America (NYSE:BAC), published on Friday.</p>
<p>Profit motive was caused the trade tensions as traders look for Big Tax rebates from the U.S.Government which gives good impact on their profits.</p>
<p>PepsiCo (NASDAQ:PEP) limited to 2.29% after publishing higher than expected their economic results, while Tesla (NASDAQ:TSLA) got profit around 2.19% luxury car maker is preparing to start a manufacturing unit in China. Citigroup (NYSE:C) climbed up to 0.42% while Boeing (NYSE:BA) was climbed up to 1.19% and Twitter Inc (NYSE:TWTR) got around 1.63% profit</p>
<p>On the other side Netflix (NASDAQ:NFLX) loose 0.67% while Advanced Micro Devices Inc (NASDAQ:AMD) was loose 0.75% and Amazon.com (NASDAQ:AMZN) little bit down 0.14%.</p>
<p>On the other side European stocks were mostly closed with profits. Some German companies climbed up to 74 points or 0.59% while the European country France the CAC company 40 climbed up to 33 points or 0.62% and in Britian, the FTSE 100 was climbed up 11 points or 0.15%. However the pan-European Euro Stoxx company 50 got nine points or 0.27% while the IBEX the head office is in spain 35 drop down 37 points or 0.38%.</p>
<p>In the commodities market the gold futures drop down around 0.38% to $1,254.80 Mean while The Petroleum futures climbed up to 0.96% to $74.56 for one barrel. The American dollar shows good performance against the basket of six major currencies in the Forex Market.</p>
<p>In my opinion I observe that the gold future market will give good yields in the next coming months. The reason is if the rates of petroleum products increase automatically the rate of inflation will gone up. After that the investors will think the safest zone is gold market, the funds flow in the gold market will increase. So that it will give good yields. In my yesterday's article I analyzed the us dollar position, today it happened. The investor will choose the gold market as another option to get good yields from their investments.
http://www.financialmarket24x7.com/today-10-07-2018-stock-market-news/
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