November 12, 2019

Nasdaq hits 8,000 for the first time as US and Mexico move closer to striking NAFTA deal.

Predictable market reaction to reduction in trade tensions Stocks jumped on Monday as the United States and Mexico drew closer to a deal on NAFTA. Investors also digested reassuring comments from Federal Reserve Chair Jerome Powell on the central bank’s policy-tightening path. The Nasdaq Composite climbed 0.6 percent to an all-time high, breaking above 8,000 […]

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