$DIA, $SPY, $QQQ, $RUTX, $VXX
FLASH: President Trump said the US will probably know, 1 way or another, in “the next 3 or 4 weeks” about a possible trade deal with China, as
S&P 500 marked a fresh closing high Friday.
“If that gets done, it will be something that people will be talking about for a long time,” President Trump said Thursday at a White House event.
Treasury Secretary Steven Mnuchin said “there is still a lot of work to do, but we’re very comfortable with where we are” in trying to forge a pact.
“I do not think there’s anything significantly different on the currency issue from where we were last time,” he said.
Secretary Mnuchin also said he expected elements of the discussions to be resolved in the near future, as the two sides pore over a 150-page document they are working on.
Friday, the major US stock market indexes finished at on light volume: DJIA +138.93 at 25848.87, NAS Comp +57.62 at 7688.52, S&P 500 +14.00 at 2822.48
Volume: Trade on the NYSE came in at 6-M/shares exchanged
- NAS Comp +15.9% YTD
- Russell 2000 +15.1% YTD
- S&P 500 +12.6% YTD
- DJIA +10.8% YTD
HeffX-LTN’s technical outlook for the major US stock market indexes is Bullish for the week ended 15 March 2019
Have a terrific weekend.