Stock Market
Market Outlook
The popular stock market averages closed well to the upside on Monday. The interest rate for 10-yr treasury notes closed higher. The price closed down for gold and up for crude oil.
Investors on Monday cheered temporary tariff reductions agreed between the U.S. and China during the weekend.
The S&P 500 (SPX +3.3%) closed above its 200-day simple moving average and the closely watched 5800 level. This may inspire FOMO (fear of missing out) buying from stock investors who had been hunkering down on the sidelines.
Adapt or perish, now as ever, is nature's inexorable imperitive. - H.G. Wells
Investors on Monday cheered temporary tariff reductions agreed between the U.S. and China during the weekend.
The S&P 500 (SPX +3.3%) closed above its 200-day simple moving average and the closely watched 5800 level. This may inspire FOMO (fear of missing out) buying from stock investors who had been hunkering down on the sidelines.
Adapt or perish, now as ever, is nature's inexorable imperitive. - H.G. Wells