Breaking News         Latest US News              New York News              Fx Tribune

Braving the Wet Weather in Golf
Global markets were mostly higher Wednesday after U.S. President Donald Trump delivered a relatively upbeat speech to the U.S. Congress. Investors were watching for signals on what's ahead in trade, regulations and tax policies, though they got few specifics.KEEPING...

Global markets mostly higher following Trump's upbeat speech

Global markets were mostly higher Wednesday after U.S. President Donald Trump delivered a relatively upbeat speech to the U.S. Congress. Investors were watching for signals on what's ahead in trade, regulations and tax policies, though they got few specifics.KEEPING...

Global markets mostly higher following Trump's upbeat speech

Global markets were mostly higher Wednesday after U.S. President Donald Trump delivered a relatively upbeat speech to the U.S. Congress. Investors were watching for signals on what's ahead in trade, regulations and tax policies, though they got few specifics.

KEEPING SCORE: France's CAC 40 gained 1 percent to 4,906.99 and and Germany's DAX also jumped 1 percent, to 11,953.45. Britain's FTSE 100 rose 0.6 percent to 7,307.74. Wall Street looked set for gains, with Dow futures up 0.3 percent and S&P 500 futures 0.4 percent higher.

TRUMP SPEECH: Investors were hoping for details of policies to match Trump's promises for an economic revival. The president steered away from dramatically negative descriptions of the state of the U.S. economy and his reiteration of his pledges to reform taxes, slash red tape and ramp up spending on defense and infrastructure projects have mostly sent world share benchmarks higher.

THE QUOTE: "President Trump's address was high on rhetoric and light on detail, leaving the market underwhelmed. The address to Congress was released a good hour before the main event this morning. Mr. Trump followed it word for word with no surprises or add-ons," said Jeffrey Halley, senior market analyst at OANDA.

ASIA'S DAY: Japan's benchmark Nikkei 225 gained 1.4 percent to finish at 19,393.54. Australia's S&P/ASX 200 slipped 0.1 percent at 5,704.80. But Hong Kong's Hang Seng added 0.2 percent to 23,776.49, while the Shanghai Composite rose 0.2 percent to 3,246.93. South Korea's markets were closed for a holiday.

ENERGY: Benchmark U.S. crude lost 12 cents to $53.89 a barrel in electronic trading on the New York Mercantile Exchange. It slipped 4 cents, or 0.1 percent, to $54.01 Tuesday. Brent crude, which is used to price international oils, fell 6 cents to $56.45 a barrel in London.

CURRENCIES: The dollar rose to 113.57 yen from Tuesday's 112.57 yen. The euro slipped to $1.0542 from $1.0586.

___

Follow Yuri Kageyama on Twitter at https://twitter.com/yurikageyama

Her work can be found at http://bigstory.ap.org/content/yuri-kageyama

Our editors found this article on this site using Google and regenerated it for our readers.

Breaking News Headlines

banner30
Expecting for Your Second Baby - Know Hidden Facts Here!
Expecting for Your Second Baby - Know Hidden Facts Here!
Reasons to bet with Bet365
Reasons to bet with Bet365
5 Wonderful Ways to Explore Central Park
5 Wonderful Ways to Explore Central Park
Several facts about international shipping services
Several facts about international shipping services
Bank Accounts and their main differences
Bank Accounts and their main differences
6 Out of the Box Ways to Save for Your Wanderlust Lifestyle
6 Out of the Box Ways to Save for Your Wanderlust Lifestyle
New Technology Aims to Make Motorcycles Safer
New Technology Aims to Make Motorcycles Safer
The Keys To Winning A Personal Injury Case
The Keys To Winning A Personal Injury Case
Bitcoin/Blockchain Technology Pushed For Utilization As Sports Betting Legalization Looms
Bitcoin/Blockchain Technology Pushed For Utilization As Sports Betting Legalization Looms
Hate Groups are real and continue to Grow
Hate Groups are real and continue to Grow
Do You Need Public Liability Insurance As Tradesmen?
Do You Need Public Liability Insurance As Tradesmen?
Evidence Used in Health Care Fraud Cases
Evidence Used in Health Care Fraud Cases
POLLS Results ALL
Who is the most powerful actor in Syria

banner31
Front Pages
  • The Sun
NEWS ARCHIVES