Wall Street Liked China Data, Hong Kong and BREXIT News

Wall Street Liked China Data, Hong Kong and BREXIT News


Wall Street’s Key stock indexes bounced Wednesday, after robust economic data from China, easing tensions in Hong Kong and British lawmakers’ approval of a law to delay BREXIT provided some optimism to investors worried about global growth.

The Fed’s September Beige Book described overall economic activity as expanding at a modest pace. 

Market Snapshot

NAS Comp7976.91+102.72(1.30%)
SP 5002937.78+31.51(1.08%)
10-yr T-Note 0/321.465
NYSEAdv 2319 Dec 563 Vol 749.1-M
NASDAQAdv 2078 Dec 985 Vol 1.9-B
  • NAS Comp +20.2% YTD
  • S&P 500 +17.2% YTD
  • DJIA +13.0% YTD
  • Russell 2000 +10.1% YTD

HeffX-LTN’s overall technical outlook for the major US stock market indexes is Neutral with a Bullish bias in here.

Stay tuned…

The following two tabs change content below.

Paul Ebeling

Paul A. Ebeling, polymath, excels in diverse fields of knowledge. Pattern Recognition Analyst in Equities, Commodities and Foreign Exchange and author of “The Red Roadmaster’s Technical Report” on the US Major Market Indices™, a highly regarded, weekly financial market letter, he is also a philosopher, issuing insights on a wide range of subjects to a following of over 250,000 cohorts. An international audience of opinion makers, business leaders, and global organizations recognizes Ebeling as an expert.

Latest posts by Paul Ebeling (see all)

You must be logged in to post comments :