Wed, Feb 08, 2023 @ 17:41 GMT
HomeLive CommentsDOW breaks 26000 as NAFTA announcement is almost certain

DOW breaks 26000 as NAFTA announcement is almost certain

Strong risk appetites carries on in early US session. DOW surges over 200 pts, or 0.8% and is back breaks 26000 handle. NASDAQ and S&P 500 extends he record run. Adding to the global trend, US equities are lifted by optimism that NAFTA negotiation is finally having a concrete breakthrough. It’s widely reported that Mexico and the US are hammering out the final details for a bilateral agreement. And an announcement is “also certain” for today.

DOW is now pressing a key near term channel resistance. Decisive break there will indicate upside acceleration. In that case, the index could finally catch up with the other two in making new records.

Featured Analysis

Learn Forex Trading