Investing.com – Treasury prices rose on Monday as Treasury gained tremendous earnings as optimized production data from the United States and China alleviated investors' concerns about slowing global growth. Financials, especially banks, have made profits when bond yields have risen by more than 3%, as better-than-expected production data from China and the United States have prompted traders to base global growth
The rise in government bond yields the ability of banks to generate net interest income
The SPDR of Financial Choice (NYSE 🙂 ETF rose 2.5%, with JPMorgan Chase (NYSE :), Citigroup [1
Potential production data overshadowed an unexpected decline in retail sales in the United States, driven by a drop in transactions for building materials and garden materials.
Industries also supported the market brochure to improve trade moods after China announced it had suspended US tariffs before the US trade talks scheduled for this week
. officials said last week that China has warmed up to the idea of an implementation framework for which Trump's administration says it is important to ensure that China respects the possible conditions for a trade deal.
In addition to trade, energy supplies were backed by a rise in US oil prices to nearly five-month high, thanks to strong economic data from China, the largest energy consumer in terms of energy consumption, in the world.
But security stocks were an exception to the rally, with real estate, consumer goods, and utilities ending in red
. In other company news, the stock-issuing company Lyft (NASDAQ 🙂 fell sharply on its second trading day, closing at 69.01 dollars, well below the IPO price of $ 72.
Lyft was the first of a number of savings companies to plan this year, with Uber and Pinterest expected to debut
Wynn Resorts (NASDAQ :), which is 8.4% more than casino shares on Monday, of Macao's gambling region in March have met the expectations of analysts, indicating the market is elastic.
Wynn Resorts (NASDAQ 🙂
Top S & P 500 Gainers and Losers Today:
(NYSE 🙂 and Hormel Foods (NYSE 🙂 were among the worst performers of the S & P 500 session
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