US stocks ended the week with positive gains supported by the shares of thousands



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US stocks ended the second trading session this week on a mixed performance as the S & P 500 closed at its highest level since early February. While the Nasdaq composite index rebounded from the highest level to close on a slight overall rebound after gains from the early trading session with the leadership of Alfabit shares, the parent company of giant Google's Google search engines for Wall Street L Seasonality of the commercial earnings release season.

Following the release in May of the May housing price index, which showed a growth rate of 0.2%, excluding expectations of 0.4% to 55.5, compared with at 55.4, compared to expectations of 55.1, and the service sector expansion to 56.2 compared to last month's reading and expectations to 56.5.

leading to the publication of the Richmond Industrial Index in July, which shows an expansion stability at 20 unchanged from the previous reading of the month of June, contrary to forecasts that indicated a narrowing at 18 US President Donald Trump said that the World Trade Organization was a major disaster and that his administration would see what could be done with the European Union.

In the same context, some report earlier this week that the office of the US Trade Representative will be held Tuesday and Wednesday Wednesday on the proposed tariff schedule for Chinese products, estimated at $ 16 billion, and we would like to mention that the Office of the US Trade Representative is interested in the review of US trade policies and suggests appropriate policies to the President of the United States.

The Dow Jones Industrial Average ended the session up 0.79% or 197.65 points to 25 241.94 points, while the Standard & Poor's 500 index gained 0, 48% or 13.42 points to close at 2,820.40 points, The Nasdaq Composite Index rose 0.01% to close at 7,840.77 points.

Gold futures for December delivery fell 0.02% to trade at $ 1,234.10 an ounce compared to opening at $ 1,234.40 in the first quarter of the year. ounce, while the US index lost 0.03% to 94.60 compared to the open at 94.63.

On the other hand, the NYMEX crude futures delivered on September 15 rose 0.96% to $ 68.54 per barrel, compared to $ 67.89 per barrel in the previous year. ;opening. 0.42% is currently trading at $ 73.37 a barrel, compared with the opening price of $ 73.06 a barrel.

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Source: Forex News today

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