The rise follows a new plan to target inflation, keeping interest rates low...
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| | Get the next one | | | | | Roger Scott | 20+ years of trading experience managed over $900 million teaching thousands daily. | | | | | | Wall Street Sets Fifth Straight Week of Gains | | | | | Global stock markets are mixed this morning. Stocks in Asia are mostly down while U.S. futures rose slightly after Wall Street had its fifth straight week of gains.
The rise in U.S. stocks follows Federal Reserve Chair Jerome Powell's new strategy to target average inflation, keeping interest rates near zero. It's said that his plan could hold down rates even if inflation hits the Fed's 2% target.
They're getting really creative, folks…
In today's video, you'll also discover the biggest catalyst impacting the stock market… if stocks are overbought or not… which sector is vulnerable to correction… and four stocks breaking down right now.
| | | | |  | Market Rises Amid Fed Chair's Inflation Plan
| August 28, 2020 | Overnight the S&P 500 ticked 0.2% higher after Powell declared U.S. central banks will continue to keep short-term interest rates low.
Continue Reading | |  | Secure Your Portfolio With These 2 Stocks
| August 28, 2020 | It seems like everyone and their brother is chatting about the stock market's latest all-time highs.
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