Stocks strongly rebounded on Thursday after falling on Wednesday, and it seems that this trend will continue and at the sound of the first call today, with the s&P 500 rose 0.31%, the Nasdaq up 0.18% and the Dow Jones Industrial average rose 0.31% of the market.
This is due to the reduction of concerns on trade, Mueller investigation and the probability of an air strike against Syria, President trump.
Financial stocks led long before the start of the 1st quarter earnings season on Friday, Houston JPMorgan chase & co. (Ticker NYSE:jpm) rose 3.1%.
Asset management Titan Blackrock, Inc. (Ticker NYSE:BLK) up 1.5% on better than expected earnings and revenue, raising hopes of a major banking group, when they report.
Crude oil remains strong on the backdrop of tensions in the middle East and evidence of building inflationary pressures. Investors are preparing for a possible slowdown in manufacturing in the United States and allied forces attacked Syria for the alleged attack with chemical weapons. Yesterday, trump tweeted that the attack may “be very soon or not so soon!” In an apparent attempt to regain the element of surprise.
That raised United States oil Fund LP (in real time) (NYSEARCA:USO) fell 0.5% to a New high.
Looking ahead, Friday will be another speech of the Chairman of the Federal reserve system Jerome Powell. Watch for confirmation bias firming of inflation, increasing the chances of another three quarter point interest rates this year. In addition, we will have a vacancy data updating and the start of reporting season revenue.
Check trade Serge Berger the day on April 13.
Today the retail landscape
To see a list of companies reporting in earnings today, click here.
The list of economic reports this week needs to go, click here.
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Anthony Mirhaydari is founder of the edge (etfs) and edge Pro (variants) of the investment newsletters. Free two – and four-week study of offers extended to InvestorPlace readers.