Wednesday, 18 July 2018

Market Update: U.S. Stocks Rally on Banks, Industrials; Fed’s Powell Sees Big Risks in Cryptocurrencies

U.S. stocks traded in positive territory Wednesday, as earnings tailwinds propelled banks and industrials companies higher while a slump in energy shares subsided. S&P 500, Dow Rise The large-cap S&P 500 Index rose 0.2% to 2,815.62, its highest in over five months. Gains were largely concentrated in just two sectors, with financials rising 1.5%. Industrials […]

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source https://cryptocurrencyonline.co/market-update-u-s-stocks-rally-on-banks-industrials-feds-powell-sees-big-risks-in-cryptocurrencies/

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