Improved Outlook For Global Economy Boosts S&P 500

The S&P 500 (Index: SPX) continued its upward trajectory in the second week of April 2019, where it is now within 24 points, or 0.1%, of its previous peak of 2,930.75 set back on 20 September 2019.

Alternative Futures - S&P 500 - 2019Q2 - Standard Model with Annotated Redzone Forecast - Snapshot on 12 Apr 2019

The thing that boosted the market the most during the week was the news on Friday, 12 April 2019 that China's exports to global markets has rebounded to a five-month high, suggesting relative improvements in the economic health of importing countries.

The same news story revealed that China's own imports have continued to decline however, indicating that nation's economy is still slowing. For stock markets, that bad news was offset in part by the ongoing expansion of the Chinese government's efforts to stimulate its economy, where there are indications they are gaining some traction.

Our roundup of those headlines and other market-moving headlines is straight ahead...

Monday, 8 April 2019

Tuesday, 9 April 2019

Wednesday, 10 April 2019

1 2
View single page >> |

How many positives and negatives for the U.S.' markets and economy did Barry Ritholtz find during the second week of April 2019?  more

How did you like this article? Let us know so we can better customize your reading experience. Users' ratings are only visible to themselves.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.