S&P 500 Index Rises Over 4 Percent Since February
The S&P 500 index has achieved its fourth consecutive week of gains, closing up 0.55% for the week. Analysts cite hopes for de-escalation in U.S.-Iran tensions as a contributing factor to the market's advance. Despite potential disruptions to the global economy, President Trump has indicated that the impact on markets and oil prices has been less than anticipated, though Americans may see higher fuel costs temporarily. However, he cautioned that Americans should expect higher fuel prices at the pump for a period. S&P Global analyst Daniel Jurgen described recent petrochemical disruptions as a threat to the global economy. The market performance follows a period of volatility regarding energy security and global supply chains. The S&P 500 index has risen by more than 4 percent compared to levels at the end of February.
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Sources · 7 independent
Bloomberg Radio
“An up-frontie and another winning week for the S&P 500. That's story from Bloomberg's Charlie Pellett. Four in a row for the S&P 500 index, with the S&P this week up by .55%.”
Bloomberg Radio
“President Trump has said the war has had less of an impact on markets and oil prices than he expected, and Americans should expect to pay more at the pump for a little while.”
RTHK Radio 1 Hong Kong
“事實上你看標普500指數來講的話，已經是比對2月尾的時候，已經高了4% 4%以上”
RTHK Radio 1
“事實上你看標普500指數來講的話，已經是比對2月尾的時候，已經高了4% 4%以上”
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