S&P 500 hits new record High

Amid fresh all-time highs in the U.S. indices , the euphoric corporate earnings , billions of losses reported by unicorns, and pessimistic mood by a trade deal, the market looks like ending their bullish road.Equity markets continue to rise, as volumes lighten as we see the US Thanksgiving.

US indices have started the run to the Thanksgiving holiday today , with Caterpillar and Boeing weighing on the Dow. Aside from this, we have continued to see gains for stocks, although Europe is outpacing the US for the time being.

Today promises to be a session where watching paint dry and other such activities will dominate, with the US out of the frame. But American traders, at least the bullish ones, can head off to their turkey feeling pleased with themselves, having successfully put the great post-2009 bull market back on track. What a change to twelve months ago.

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28 Nov 2019 12:27 pm Posted by admin