U.S. Stocks Outpacing the Rest of the World

Posted on AllSides November 5th, 2019
From The Center
stock market, Dow Jones

Steady consumer spending and strength in the labor market keep supporting U.S. stocks despite fears of a recession.

The Dow Jones Industrial Average climbed Monday to its first record since mid-July, the latest example of investors’ faith in the domestic economy powering U.S. stocks to fresh highs.

Buoyed by optimism about a U.S.-China trade accord and last week’s upbeat figures on third-quarter economic growth and October hiring, the blue-chip index climbed 0.4% to 27462.11. The rally brought its 2019 advance to 18% in what has been a banner year on...

Read full story
Some content from this outlet may be limited or behind a paywall.

AllSides Picks

https://www.wsj.com/articles/u-s-stocks-outpacing-the-rest-of-the-world-11572863400

More News about Banking and Finance from the Left, Center and Right

From the Left

From the Center

From the Right