Vextrader Ensures Investor Victory as S&P Hits Record High, While Weak Jobs data Ease Fed Narrowing Concerns

May 11 21:24 2021

Belize – On Friday, the S&P 500 and the Dow Jones Industrials hit record highs, while the Nasdaq index plunged 1% following weak U.S. jobs data soothing worries about the Federal Reserve decreasing its huge stimulus program.

The jobs report eased concerns about rising inflation and possibly higher U.S. interest rates which would pull on the valuations of growth companies.

A vast majority of the S&P 500 sectors were higher with a 1.3% increase in technology stocks leading the motion.

 

Financials sank 0.1%, with interest-rate-sensitive shares of lenders Bank of America, JPMorgan Chase & Co, and Citigroup Inc trading lower. The S&P 500 banks division fell 0.4%.

The Dow Jones Industrial Average was up 0.47%, at 34,710.11, the S&P 500 was up 0.79%, at 4,234.75 and the Nasdaq Composite was up 1.28%, at 13,807.64.

Vextrader, an experienced trader in the stock and forex market helped thair investors secure profitable positions following the S&P record high. Recently releasing a stock investment plan, Vextrader is no longer only limited to the forex market. Monitoring the stock market and its changing positions Vextrader investors’ funds are invested into stock portfolios like Google, Amazon, Facebook, Microsoft, etc. In the trading sector, the stock market has produced strong returns to investors over time, investors can rely on the stock market as it allows investors to grow with the market and helps stay ahead of inflation.

About Vextrader

Vextrader was established in 2011 and has been furnishing investors with trading assistance irrespective of their inclination towards the forex or stock market. Vextrader points and objectives consummately line up with the obligations of an investor. Thorough planning systems and tremendous involvement with the trading market is one reason that investors rely on Vextrader.

Vextrader has set up itself as a main instrument and partner to provide investors the best returns on their investments. The whole of that with the best mix of its skill, resources, technology, and information in trading, be it the forex market or the stock market.

Media Contact
Company Name: Vextrader Group Limited
Contact Person: Paul Scott
Email: Send Email
Phone: +16 4749 87871
Address:Barrier Reef Drive, San Pedro Town
City: Ambergris Caye
Country: Belize
Website: https://vextrader.com

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