Commercial optimism benefits US equities and the Fed

The stocks posted a third consecutive session of gains on Monday as the Dow Jones Industrial Average recorded a positive three-digit rise in the Fed's monetary stimulus outlook and easing trade tensions between the US and China.

The Chinese central bank has unveiled interest rate reforms meant to reduce corporate borrowing costs.

Investors continued to adjust their reading to President Trump's trade war and growing worries about the slowing economies around the world.

US Secretary of Commerce Wilbur Ross told FOX Business Monday morning that the US government would extend the suspension granted to Huawei Technologies, allowing the Chinese company to buy supplies from US companies to serve its existing customers. Another 50 of his units were added to an American economic blacklist.

Investors hope the Federal Reserve will continue to cut interest rates to support economic growth.

The central bank lowered interest rates by a quarter at its last meeting. It was the first time that he had lowered rates for a decade.

The 10-year US Treasury yield reached 1.61%, a feeling of risk among investors.

US crude oil rose 1.5% to $ 55.61 a barrel.

Apple's shares rose after President Trump and Apple CEO Tim Cook spoke about the impact of US tariffs.

Estee Lauder shares have risen, as the company expects a turnover and a profit higher than estimated for the year.

Investors are also worried about Trump's shocking announcement on August 1 that it plans to extend tariffs on virtually all imports from China, including many first-round exempt consumer products. customs duties. Rates have been delayed, but they will eventually increase costs for US companies importing goods from China.

The financial highlight of the week will come Friday when Federal Reserve Chairman Jerome Powell will address attendees at a meeting in Jackson Hole.

Retailers will continue to publish their quarterly results this week, with a focus on home improvement retailers such as Home Depot and Lowe's. Target and Gap will also report during the week.

The French CAC and German DAX each gained 1.3%. Britain's FTSE 100 was up 1%.

Japan's benchmark, the Nikkei 225, rose 0.7%, the Hong Kong Hang Seng 2.1% and the Shanghai Composite 2.1%.

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Last week, US markets finished strong with a 1.2% rise in the Dow Jones index. Each index always ended with a third consecutive weekly decline.

Shares and other Wall Street investments have seen a roller coaster week, plunging into a crater last Wednesday when a relatively reliable alarm signal indicating a recession has reversed in the market for bonds. US Treasury.

Associated Press contributed to this article.