Stock market rallies amid signs of easing trade tensions.
today, 10:50
428

Journalist
Shostal Oleksandr
today, 10:50
428

Wall Street and European exchanges experienced a positive trend at the end of last week. This was the result of an optimistic employment report and signals of China's willingness to negotiate tariffs. All three major American stock indices rose more than 1% for the session, with economically sensitive sectors proving the most successful. Additionally, the S&P 500 index posted its longest streak of gains in two decades.
The U.S. managed to add more jobs than expected, but wage inflation was lower than forecasted. This data triggered a rise in U.S. benchmark Treasury yields. Experts believe that the country's economy is in good shape, although some tariff issues remain unresolved. Moreover, China confirmed its readiness for negotiations with the U.S. regarding trade tariffs, which prompted a positive market reaction.
European stock exchanges also demonstrated strong growth. Global indices showed positive results, but some American companies warned about the negative impact of trade tariffs. Currency and commodity markets also remained active, marked by slight fluctuations.
The yield on 10-year U.S. Treasury notes rose as strong employment data led investors to reduce expectations for interest rate cuts.
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