The US stock market had its biggest one-day gain for 2014 as the Santa Rally returned in full force. The Dow Jones rose 2.43% or 421 points only needing to rise another 187 points to finish the year on a new high. Thursday was a classic risk on trading session as traders dumped the safe haven currencies of the Yen and Swiss Franc and piled back into the US Dollar and Pound. The US economy got another piece of positive economic news overnight with weekly jobless claims falling by 6,000 to 289,000.
Andrew Barnett is Co-Founder of LTG GoldRock, a boutique financial education and investing company located on the Sunshine Coast, QLd Australia.
No comments:
Post a Comment