Posted on 12/20/2019 7:23:19 AM PST by Conserv
All three major averages are trading in record territory
Stocks opened in record territory on Friday, the first session after the United States-Mexico-Canada Agreement sailed through the U.S. House of Representatives. The trade deal now heads to the Senate, where it's expected to pass before being sent to President Trump.
The final reading of third-quarter gross domestic product, released Friday morning, showed the U.S. economy expanded at a 2.1 percent pace, matching expectations of economists surveyed by Refinitiv. The reading was unrevised from the second estimate, released last month.
All three of the major averages were trading higher in the opening minutes and on track for their fourth straight week of gains. The Dow Jones Industrial Average was up 170 points, or 0.6 percent. The S&P 500 and Nasdaq were higher by 0.4 percent and 0.3 percent, respectively.
No, the markets are celebrating the impending departure of Orange Man from the White House...
/libloons
I just checked my 401K...HOLY moley!
Market is celebrating the massive deficit spending that will wind up in corporate profits.
Stupid Nancy timed that to happen.
So she could say the markets are happy Trump was ‘impeached’
This was the ‘Senfield Impeachment’ ... the impeachment about nothing.
“Why would I vote against my own economic well being?”
Wrong question. People don’t have 401k’s. I do believe we can help everyone get to that first half million before age 50. From there they can be on their own and they’ll be ours.
#3 You must have a money tree : )
My AMD went from $25.86 from March 2019 to so far today $44.21
I am happy. I look at about 35 stocks that interest me and I see then green most weeks.
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