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Saturday, August 25, 2018

S&P 500 reaches new high to clinch record bull run

The benchmark S&P 500 stock index clinched its longest bull-market run on Friday, closing above its previous January high, as Federal Reserve Chairman Jerome Powell affirmed the U.S. central bank's current pace of rate hikes.


from Reuters: Business News https://ift.tt/2BINzol

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US economy grows at fastest pace in two years

Strong consumer spending helps the US economy grow at a faster rate than expected. from BBC News https://ift.tt/TLzpvM6