US Market on the Rise

  • “The upcoming package of stimulus is going to be big,” said Alan Lancz, president of Alan B. Lancz & Associates Inc, an investment advisory firm based in Toledo.
  • The major European stock indexes were mixed on Friday.
  • The price of gold futures for April delivery on the New York Mercantile Exchange rose $ 21.80

The S&P 500 index rose 15.10 points, or 0.39%, to 3,886.81 points; the Nasdaq index rose 78.60 points, or 0.57%, to 13,856.30 points; the Dow Jones index rose 92.40 points, or 0.30%, to 31,148.24 points; on this week’s road. The index rose 3.9%, the S&P rose 4.7%, and the Nasdaq rose 6%, both their biggest weekly gains since November.

Wall Street is an eight-block-long street in the Financial District of Lower Manhattan in New York City. It runs between Broadway in the west to South Street and the East River in the east.

“The upcoming package of stimulus is going to be big,” said Alan Lancz, president of Alan B. Lancz & Associates Inc, an investment advisory firm based in Toledo.

“You have a situation where there’s a lot of cash on sidelines and bonds have really under performed, so that’s helped some sectors that have really done poorly.”

The major European stock indexes were mixed on Friday. The German DAX30 index closed down 0.02%, the British FTSE 100 index closed down 0.19%, the French CAC40 index closed up 0.90%, and the European Stoxx 50 index closed up 0.34%.

The price of gold futures for April delivery on the New York Mercantile Exchange rose $21.80 , or 1.2%, to close at $1813 per ounce. Gold futures prices fell 2% this week. Silver futures for delivery in March rose 79 cents, or 3%, to close at $27.02 per ounce. Silver futures prices rose by about 0.4% this week.

“The first being smaller cap stocks starting to outperform larger cap stocks, given the excessive valuation that large cap stocks are currently trading at emerging stocks outperforming U.S. stocks, and then that potential rotation from growth-oriented stocks value oriented stocks.” Kevin Mahn, Hennion & Walsh chief investment officer, told Yahoo Finance on Thursday.

European stock indexes have been doing well for the last two weeks. Many European companies are doing well. This is because Europe is a leading economy and there are many multinational corporations based in Europe.

The European stock market has benefited from this. One of the reasons that European stocks are doing well is because European companies have been doing well in terms of profits.

There are many European companies that have been doing very well. Some of these companies include: CMC, Pestec, Enron, EQC, Royal Dutch, Alcoa, ATG, Unilever, Philip Morris, Glaxo, Intel, Union Carbide, Wal-Mart, General Motors, Merck, Daewoo, Boeing, Union Carbide, AT&T, Coca Cola, Microsoft, and many more. These companies have done extremely well for the European stock index.

European Stock Markets

When European stocks decline, they tend to do so in the U.S. stock index. It’s because many companies from Europe have made it big in the American stock market.

In addition, there are many foreign countries that use the European stock index as theirs. So there are many things that happen when European stocks go up and down.

The best thing for investors is that the European stock index does not matter much to the United States.

It’s not that European stocks don’t matter at all. It’s just that other parts of the world aren’t as worried about what happens with the European stock markets. Investors don’t care much for the Euro.

But when the European stock index goes up, then that means that the American stock market is going to lose money. There are many different reasons why the Euro rises and why the Swiss National Bank drops.

It’s hard to say which way the Swiss National Bank will fall. But if you think about it, the Swiss economy is in a very stable spot right now and there’s no real reason to worry about their stock market.

Doris Mkwaya

I am a journalist, with more than 12 years of experience as a reporter, author, editor, and journalism lecturer." I've worked as a reporter, editor and journalism lecturer, and am very enthusiastic about bringing what I've learned to this site.  

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