Market Update: Quick Update on Global Stock Indices, Fake News Plays
The global stock in Europe and the United States turned briefly positive on fake news that U.S. President Donald Trump and Chinese..
Arslan Butt•Tuesday, November 27, 2018•1 min read
The global stock markets in Europe and the United States turned briefly positive on fake news that US President Donald Trump and Chinese President Xi Jinping had agreed on the trade war.
- SPX 2,673.45 +40.89 +1.55%
- Nasdaq 6,678.34 +150.99 +2.31%
- DJIA 24,640.24 +354.29 +1.46%
- DAX 11,378.77 +24.05 +0.21%
Refer to my collegue Skerdian’s update, Risk Assets Jump and Then Come Back Down on Trump-Xi “Fake News” for more details!
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ABOUT THE AUTHOR
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Arslan Butt
Index & Commodity Analyst
Arslan Butt serves as the Lead Commodities and Indices Analyst, bringing a wealth of expertise to the field. With an MBA in Behavioral Finance and active progress towards a Ph.D., Arslan possesses a deep understanding of market dynamics.His professional journey includes a significant role as a senior analyst at a leading brokerage firm, complementing his extensive experience as a market analyst and day trader. Adept in educating others, Arslan has a commendable track record as an instructor and public speaker.His incisive analyses, particularly within the realms of cryptocurrency and forex markets, are showcased across esteemed financial publications such as ForexCrunch, InsideBitcoins, and EconomyWatch, solidifying his reputation in the financial community.
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