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Big week for dollar, records on Wall Street as quarter ends
The dollar was poised for its strongest week of the year on Friday, while world stock markets climbed back near record-high levels on the last trading day of the quarter. On Wall Street, the S&P 500 and Nasdaq minted all-time highs, while European stock markets also gained. Firming expectations for another U.S. interest rate increase by year-end, combined with U.S. President Donald Trump's tax-cut plan, have dominated markets for most of the week.
https://finance.yahoo.com/news/asia-shares-recuperate-rough-week-005845643.html?.tsrc=rss
The dollar was poised for its strongest week of the year on Friday, while world stock markets climbed back near record-high levels on the last trading day of the quarter. On Wall Street, the S&P 500 and Nasdaq minted all-time highs, while European stock markets also gained. Firming expectations for another U.S. interest rate increase by year-end, combined with U.S. President Donald Trump's tax-cut plan, have dominated markets for most of the week.
https://finance.yahoo.com/news/asia-shares-recuperate-rough-week-005845643.html?.tsrc=rss