US stocks ticked up on Wednesday, just enough for the S&P 500 and Dow industrials to set record highs, with investors expecting upbeat earnings to keep the rally going.
Following three days of strong gains on the back of economic data, focus has turned to Thursday's meeting at the Bank of England, expected to turn to quantitative easing as it tries to shield the economy from the fallout of Britain's vote last month to leave the European Union.
Continued support from monetary policies across the developed world and strong economic data in the United States have given investors a reason to bid growth-sensitive sectors of the stock market. This turn to cyclical stocks could help take the rally beyond the current record highs.
For More Information Stock advisory company indore,stock market news,stock advisory tips,best stock advisory company in indore,Nifty Future Tips,currency Tips,Stock Option Tips, F&O Tips,Nifty Option Tips,Bullion tips And call us :-9827808090.
No comments:
Post a Comment