On Wednesday, corporate stocks rose in the US, with the S&P and Nasdaq indexes hitting their highest levels for a fourth consecutive session.<\/p>\n
The main reason for the rise in the Wall Street indices is the jump in both Amazon and Alfabet shares, as well as the general optimism surrounding the markets about the trade talks between the United States and Canada.<\/p>\n
Wall Street stocks saw good gains, with Amazon rising 2.7% and Google’s Alfabet holding up 1.5%. The Standard Technology Index was up 0.88% and was the highest among the 11 major stocks in the technology sector of the Standard.<\/p>\n
Apple Inc. rose to a 0.9% high. The consumer price index rose 1.02% as Amazon’s profits offset some declines in other retailers, posting a record high, with the market capitalization of the world’s retail giant reaching $1 trillion. Some of the leading companies in their sectors are market leaders today<\/p>\n
This comes in the context of Washington trying to rescue the NAFTA agreement after the United States and Mexico reached a new trade agreement on Monday.<\/p>\n
US economic growth was stronger than many market participants expected, especially in the second quarter, reaching its best performance in four years, especially with Commerce Department data showing that companies spent more on software versus rents.<\/p>\n
The Dow Jones Industrial Average rose 80.93 points, or 0.31%, to close at 26,144. The Standard & Poor’s Index rose 16.44 points, or 0.57 percent, to 2,913 points. Meanwhile, the Nasdaq Composite Index rose 68.92 points or 0.86%, to reach 8,098 points.<\/p>\n
Dick’s Sporting Goods was down 3.6% due to poor sales, as demand for products fell slightly. American Eagle Clothing also fell 6.5% after it says after posting disappointing second quarter results<\/p>\n","protected":false},"excerpt":{"rendered":"
On Wednesday, corporate stocks rose in the US, with the S&P and Nasdaq indexes hitting their highest levels for a fourth consecutive session. The main reason for the rise in the Wall Street indices is […]<\/a><\/p>\n<\/div>","protected":false},"author":1,"featured_media":800,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[3,4],"tags":[66,36,34,11,38,33,9,14,22,10,70,47,23,46,39],"_links":{"self":[{"href":"https:\/\/skyeconomynews.com\/wp-json\/wp\/v2\/posts\/799"}],"collection":[{"href":"https:\/\/skyeconomynews.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/skyeconomynews.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/skyeconomynews.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/skyeconomynews.com\/wp-json\/wp\/v2\/comments?post=799"}],"version-history":[{"count":1,"href":"https:\/\/skyeconomynews.com\/wp-json\/wp\/v2\/posts\/799\/revisions"}],"predecessor-version":[{"id":801,"href":"https:\/\/skyeconomynews.com\/wp-json\/wp\/v2\/posts\/799\/revisions\/801"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/skyeconomynews.com\/wp-json\/wp\/v2\/media\/800"}],"wp:attachment":[{"href":"https:\/\/skyeconomynews.com\/wp-json\/wp\/v2\/media?parent=799"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/skyeconomynews.com\/wp-json\/wp\/v2\/categories?post=799"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/skyeconomynews.com\/wp-json\/wp\/v2\/tags?post=799"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}