FXStreet — The major U.S. equity markets may extend their strong gains of the last meetings. The S&P 500 and the Nasdaq reached on Thursday a new all-time highs.
The Dow Jones Industrial Average (DJIA) rises 50 points on 21062, while the S&P 500 gaining 4 points at 2409. The Nasdaq rises by 15 points, which he traded at 6180.
Came to the movement after the release of the Fed session Protocol. The politicians are of the opinion that the dynamics of the economy will increase and, in General, is the consensus that the path of gradual interest rate increases will continue.
The OPEC members are to develop, however, in agreement with the reduction in Production for around 9 months. This decision was generally expected, Oil prices fell as the market speculated on a reduction in the production rate.
The US initial jobless claims reflect the strength of the labor market, since you in the week to 19. May, better-than-expected sections. The 4-week average fell to the lowest level in 44 years.
** FXStreet News Editorial, FXStreet**
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