The prospects for the Extension of bull-run are strong: The U.S. stock markets have been booming since hitting December lows. This year is turning to be the best year in more than two decades for stocks. The major contributor for one of the best bull-run in years is prompted by accommodative Federal Reserve and strong earnings reports and upbeat economic prospects.
The Nasdaq is trading just below from a record level that the tech-heavy index had hit early this week. The S&P 500, the border market index, continues to climb day over the day to new record levels. It is currently trading at an all-time high of 2,945 points, thanks to big gains from energy, consumer discretionary, industrial and other key sectors. The Dow Jones Industrial Average, which gauges the performance of 30 largest companies, has also been following the uptrend over the past four months. It is currently trading close to an all-time high of 26,828 points.
The U.S. and China Trade Deal Could Provoke Further Rally
The U.S. stock markets experienced a huge selloff during the final quarter of last year amid the trade war tensions between the United States and China.
However, after the worst losses in the final quarter, the markets started stabilizing since the start of this year as two largest economies decided to settle trade war conflict on the table instead imposing big tariffs on each other.
Fortunately, the White House is putting pressure to make a trade deal with the second largest economy in the next two weeks. The fresh sessions of talks begin in Beijing this week – with strong prospects of reaching a deal.
Fed’s Dovish Stance Could Add More Optimism
At the beginning of 2019, the Fed had stated that it is not planning to make rate hikes this year. Donald Trump, however, suggested for a rate cut of one percentage point. He believes the rate cut and bond purchases would boost the economy “like a rocket.”
Trusted & Regulated Stock & CFD Brokers
What we like
- 0% Fees on Stocks
- 5000+ Stocks, ETFs and other Markets
- Accepts Paypal Deposits
Min Deposit
$200
Charge per Trade
Zero Commission on real stocks
64 traders signed up today
Visit Now67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Available Assets
- Total Number of Stocks & Shares5000+
- US Stocks
- German Stocks
- UK Stocks
- European
- ETF Stocks
- IPO
- Funds
- Bonds
- Options
- Futures
- CFDs
- Crypto
Charge per Trade
- FTSE 100 Zero Commission
- NASDAQ Zero Commission
- DAX Zero Commission
- Facebook Zero Commission
- Alphabet Zero Commission
- Tesla Zero Commission
- Apple Zero Commission
- Microsoft Zero Commission
Deposit Method
- Wire Transfer
- Credit Cards
- Bank Account
- Paypall
- Skrill
- Neteller
What we like
- Sign up today and get $5 free
- Fractals Available
- Paypal Available
Min Deposit
$0
Charge per Trade
$1 to $9 PCM
Visit Now
Investing in financial markets carries risk, you have the potential to lose your total investment.
Available Assets
- Total Number of Shares999
- US Stocks
- German Stocks
- UK Stocks
- European Stocks
- EFTs
- IPOs
- Funds
- Bonds
- Options
- Futures
- CFDs
- Crypto
Charge per Trade
- FTSE 100 $1 - $9 per month
- NASDAQ $1 - $9 per month
- DAX $1 - $9 per month
- Facebook $1 - $9 per month
- Alphabet $1 - $9 per month
- Telsa $1 - $9 per month
- Apple $1 - $9 per month
- Microsoft $1 - $9 per month
Deposit Method
- Wire Transfer
- Credit Cards
- Bank Account
Share
Siraj Sarwar
