In the world’s largest stock exchanges, the indices reached record levels, because investors encouraged good news about the trade negotiations and partners, as well as the solid business results.
At Wall Street, Dow Jones strengthened 1.3 percent last week, to 44,901 points, while the S & P 500 rose 1.5 percent, to 6,388 points, and NASDAQ index 1 percent, to 21,108 points. The new S & P 500 records and NASDAQ indexes mostly thank the growth of stock prices several largest technological companies.
Better than the expected quarterly business results of Aplhabeth were motivated by the share of Google, but also other companies, such as Nvidia, Microsoft and Amazon, because investors hope for good results and these technological giants, Hina transferred.
Of the approximately 170 companies from the S & P 500 index composition, which have been announcing business reports so far, 82 percent have achieved higher earnings than expected. Therefore, it is now estimated that the average earnings of companies from the S & P 500 in the second quarter rose about 7.7 percent compared to the same LANJE.
In addition to Wall Street, and on many other major world stock exchanges, the prices have reached record levels last week, so the MSI index of all world stock exchanges jumped to the highest level in history. This thanks the optimism of investors after the USA and Japan has achieved a trade agreement that will enable normal trading between those two countries in the next period.
Investors hope to achieve a similar agreement and with the European Union before 1. Augusta should enter into force increased customs duties that Washington has announced for those countries with which no agreement has reached.
Chinese and American officials would next week, however, should meet in Stockholm to discuss the extension of trade negotiations until 12. Augusta. Thus, the fears of investors from the escalation of the trade conflict between the United States and other countries, which is positively affected the world stock exchanges last week.
And on most European stock exchanges, the prices have risen last week. The London FTSE index strengthened 1.4 percent, to 9,120 points, and the Parisian CAC 0.15 percent, on 7,834 points. But Frankfurt Dax weakened 0.3 percent, at 24,217 points.
