Wall Street’s winning streak continues in another record-setting week

US shares hang around on their notes on Friday and near the coast near another winning week.

The S & P 500 has increased by 0.1% in the early trade, which has the highest level in the last five years in the last five years, and it is followed by 0.1% in the early trade. Dow Jones Industrial Averland is 71 points or 0.2%, Eastern time, 9:35% or 0.2%, slipped around the record that Nasdaq Composite was celebrated a day before.

Deckers, UGG boots and the company behind Hoka shoes, jumped 16.6% after earning stronger gains and income than expected analysts. His growth was strong outside the United States, where the income has increased by about 50%.

Edwards have increased 8% of the children of 8%, Wall Street’s expectations for earnings in the last quarter. He said he would make strength among all the groups and earned the predicted range of the projected ranges before.

When analysts earn a profit, they helped to reduce an 8.8% for Intel reporting a loss for the last quarter. The Chipmer, who struggled, said he would cut thousands of work and other expenses would eliminate them as they try to turn their fortune. Intel, which helped to launch Silicon valley as a US Technology Center, demanded artificial intelligence chips, but behind rivals such as NVIDIA and advanced micro devices.

Pressure applies to companies that provide solid growth in profit after savings after the savings after mentioning in recent weeks. Wall Street, President Donald Trump hoped that President Donald Trump will reach the rigid proposed tariffs, decesion and can reach trade deals with other countries that can manage inflation. Trump recently announced deals with Japan and the Philippines and the next big deadline hen on Friday August 1.

In addition to potential trading talks, next week will also show a meeting on interest rates of the federal reserve. Trump on Thursday can save the US government’s debt payments to reduce the proportions of lobbied, fed.

Fed Chair Jerome Powell, Fed, Fed, before the next move of the Fed, continued to wait for Trump’s tariffs to affect the economy and inflation, to wait for more information. Low interest rates can help the economy gas, but they can also provide more fuel in inflation.

If the bond market can send higher inflation in the future, the US government cannot lower the cost of money. In this case, the low of short-term rates brought by the Fed can be affected, and Washington can increase interest rates where the interest rate has to pay for the debt over a long period of time.

Widespread expectations in Wall Street will wait to restore interest rates by September.

In the bond market, the Treasury, Powell continued to reduce interest rates, continuously continued to push Powel. Trump, the threats to burn the chairman of the Fed were also withdrawn.

“It’s a great move to do it and I don’t think it is necessary,” said Trump. “I just want to see something happening, it’s very simple: interest rates go down.”

Trump has fired the financial markets to prevent the possibility of less independent nutrition, if he fires Powell, not able to make the economy unable to be healthy.

Productivity in the 10-year treasury has dropped from 4.43% to 4.42% on Thursday. The two-year treasury productivity, which closes the Fed closer, stood at 3.91%.

In the stock markets abroad, the indices slipped the most part of Europe and Asia.

Shares fell by 1.1% in Hong Kong, 0.3% in Shanghai. US Treasury Secretary Scott Bessent will meet with Chinese officials in Sweden next week, said he would meet to work against Beijing on August 12. Trump said that a Chinese trip “is not too far” because the trade tension is easier.


AP writers contributed Teresa Cerojano and Matt Ottt.

-Stan choe, ap business writer

Leave a Comment