Wednesday, 14 June 2017

Tech recovery sends Wall Street to records with Fed next

Street gained on Tuesday, with the S&P 500, Dow industrials and Russell 2000 setting record closing highs, as technology stocks bounced back and investors positioned for an expected Federal Reserve interest rate hike. The S&P 500 technology sector rose 0.9 percent, recovering from its biggest two-day decline in nearly a year that also weighed on the broader market. Big tech names, such as Microsoft and Facebook , pushed the S&P 500 higher. Financials, which tend to benefit when rates are rising, also climbed after the U.S. Treasury Department announced a plan to upend the country's financial regulatory framework, which would grant many items on Wall Street's wishlist. Free Trials for two days in Financial Market click here to subscribe us >> http://www.ripplesadvisory.com/nifty-future-.php

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