S&P500 & NASDAQ - Its best week in over a month
With August almost gone, the S&P500 and Nasdaq stock indexes had their best performance in over a month. The early week comments of Gary Cohn, White House's top economic adviser, reaffirming his decision to stay on the job, helped the market re-energize earlier this week.
Meanwhile, the euro hit its maximum value in two and a half years compared to the dollar, closing at $ 1.1940 / Euro, after European Central Bank President Mario Draghi said Friday that "the global recovery is consolidating, although it is still at an early stage ".
On Wall Street, the Dow Jones, S&P500 and Nasdaq stock indexes ended the week growing + 0.67%, + 0.74% and + 0.79% respectively from last Friday. The barrel of crude closes the week with a price of 47.79 (-0.18%) dollars per barrel but with a tendency to rise in the waiting of Hurricane Harvey and its passage through the state of Texas; The yield on the 10-year Treasury bonds remains close to its minimum value for the year, closing at 2.169% (-0.11%); While stable gold trading at 1,296.10 (+ 0.02%) dollars an ounce.
To all my Friends in Texas, be careful and prepared. Hurricane Harvey recently strengthened to a category 3.