Mothra said:
Assassin said:
FLBear5630 said:
Assassin said:
The Great American Renaissance has begun.
Democrats are furious that America is entering the Golden Age of America.
Golden Age? Don't we have to solve all the debt issues before we start moving toward a golden age? Or does that stuff not count now?
Just hold your breath. It's happening. Right in front of you if you stand back and see with your eyes open
Do you have any evidence or is this just more blind faith in the dear leader? Point me to the specific evidence that has convinced you.
Stocks posted another day of strong gains Friday, fueled by news of potential progress toward the U.S. and China mending trade relations. Indexes shrugged off an earnings sell-off for
Apple (
AAPL) and focused instead on a better-than-expected April jobs report on the stock market today.
Stocks slipped from the day's highs in early afternoon action but held on to the bulk of their gains. The indexes peaked after
The Wall Street Journal reported China is considering a fentanyl offer to the U.S. to start trade talks.
The Dow Jones Industrial Average ended the day up 564 points, or 1.4%. The blue chip index jumped more than 600 points at one point during the session. As it completed its ninth-straight winning session, the 30-stock index flirted with its 50-day moving average.
The S&P 500 added 1.5%, as the benchmark index moved further above its 50-day moving average after closing above it Thursday. It also notched its ninth-consecutive rise.
Meanwhile, the Nasdaq climbed 1.5% after also retaking its 50-day line Thursday. The tech-heavy index pierced the 18,000 watermark earlier in the session. The next hurdle for the major indexes is their longer-term 200-day moving averages.
In the small caps market, the Russell 2000 outperformed the major indexes, climbing 2.3%.
Volume was lower on the Nasdaq and slightly higher on the New York Stock Exchange vs. Thursday. On the Nasdaq exchange, rising stocks topped falling issues by nearly 3-to-1. Gainers on the NYSE beat losers by more than 4-to-1.
The benchmark 10-year Treasury bond yield added eight basis points to 4.31%. Oil prices sank and were near $58.55 a barrel. Bitcoin topped the $97,000 level.
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