Wall Street breaks the 22.000 mark for the first time

Thursday, August 3rd 2017 - 15:38 UTC

Full article 5 comments

Asian markets paused for breath Thursday after Wall Street smashed through 22,000 for the first time, with regional traders focused on fresh clues on the health of the US economy. Strong Apple earnings propelled the Dow above the barrier to mark its sixth straight record close — but the tech-heavy Nasdaq closed marginally lower. Read full article

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The Voice
That's toppy, not long to a crash now. Buying opportunity!
Aug 03rd, 2017 - 06:45 pm - Link - Report abuse 0
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Marti Llazo
So why is the US stock market doing so well, when everyone is telling us that this new president fellow has completely destroyed the economy, the judicial system, the sparrow population, and Saturday morning cartoons?
Aug 03rd, 2017 - 06:59 pm - Link - Report abuse 0
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Captain Poppy
Financial speculation and economic activity is not necessarily one and the same. When you have Wall Street ingrained all over the inexperienced government who is in charge, telling people behind closed doors that a massive tax cut for the rich and businesses are coming. Don;t think that this is Trump. The US economy doesn't turn on a dime. It's been trudging along in the direction for some time.
Both parties forced Trumps hand on Russia and he is still btiching about it. I actually wished it sat on his desk and became law by default. Now both parties are working a bill so Trump cannot fire Mueller. A lot of confidence from “his” party. Trump has the support now of 76% of Republicans, a 10 point drop from last month and that passed the 80% threshold in the GOP along......33% overall. How low can he go?
Aug 03rd, 2017 - 08:07 pm - Link - Report abuse 0
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DemonTree
@ML
Probably for the same reason the stock market did so well when the President was an Atheist, Kenyan, Muslim Socialist.
Aug 03rd, 2017 - 08:39 pm - Link - Report abuse 0
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Marti Llazo
How low? Ballenet is getting about 18 percent support, and judging by what we see when we do our shopping in Punta Arenas, things are doing well. Support for a president and economic activity are not necessarily one and the same.
Aug 03rd, 2017 - 09:17 pm - Link - Report abuse 0
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