Wall Street indicators at the highest level of February amid optimism in a commercial breakthrough
US stocks have been closed at their highest levels since February, while the yields of the mortgage have risen, after work data has alleviated the fear of an imminent economic slowdown. The hope also supported the calm of trade tensions between the United States and China, as US President Donald Trump announced that negotiators will have talks on Monday. The S&B 500 index increased by 1%to exceed the hindrance of 6,000 points, and the sensitive sectors of the economy excelled in performance. Tesla shares increased by 3.8%, resulting in the increase in the shares of huge businesses. Treasury effects also fell along the curve, with mortgage returns to two years to 4%. Mobilization markets have reduced their bets on the Federal Reserve, reducing the benefit twice this year. The dollar also rose, and it achieved a formation of profits. US work data supports the morale, despite the slowdown of the growth of US work in May and the modified of the previous months’ data to lower levels. Friday report exceeded expectations with a minor difference, which strengthened the morale of investors who counted for disappointment, after the data of this week raised doubts about the durability of employment in the United States. “Although the economy may not work at full capacity, it is very far from signs of major collapse,” said Brett Kinwell of eToro. He added: “The strong job report gives the Federal Reserve more time today, but President Jerome Powell may find it difficult to justify a limited monetary policy if inflation continues to decline.” In the aftermath of the Friday, Trump strengthened his pressure on the Federal and asked for a full percentage of interest. Trump wrote on social media on Friday: “The federal extreme delay is catastrophic!” Using a cynical title with reference to Powell. He added: “Europe saw ten interest cuts, but we got no discounts. Nevertheless, our country is very good. Reducing the fear of the decline in employment the number of non -agricultural jobs increased by 139 thousand jobs last month, after falling judgments helped with 95 thousand posts for the previous two months. face, and the prospects for the slowdown of economic activities. Traders have a possibility of about 70% to reduce interest by a quarter of a point by September, compared to a possibility of about 90% on Thursday. Interest, because the full impact of customs duties has not yet been reflected on inflation numbers, and the labor market has not yet deteriorated enough to set up such a step, ‘says Chris Zakarili of Northwit Mangitant. In this context, Zakarili believes that the prudence is still needed, because the judgments are high, and most of the risk of customs duties look, and the economy is slow. “Duties continue, the stock market is moving according to a future appearance, and it has already begun with the expectations of a future breakthrough in commercial problems.” Economic trends attended, US stocks will exceed the worst effects of the trade war this year, and will rise to new record levels in 2025. 2027 or later will happen.