Wall Street set a new record for trade and positive earnings

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(Reuters) – US stock indices hit new record highs on Monday about optimism about signing a preliminary trade agreement between the United States and China as well as the start of corporate earnings season. fourth quarter.

Traders working on the floor at the New York Stock Exchange (NYSE) in New York, USA, January 13, 2020. REUTERS / Brendan McDermid

Apple Inc (AAPL.O), Facebook Inc (FB.O), Netflix Inc (NFLX.O), Microsoft Corporation (MSFT.O) and Amazon.com Inc (AMZN.O), which provided the longest bull run in the United States, is the highest increase for major indices.

Alphabet of Google owners (GOOGL.O) increased by 0.6% and is set to exceed $ 1 trillion in market capitalization to join Apple and Microsoft.

The easing of tensions in the Middle East and the U.S.-China Trade Agreement phase 1, expected to be signed in Washington on Wednesday, encouraged more risky bets over the past week.

Adding to the positive mood, Bloomberg reported, citing sources that the Trump administration had planned to lift China as a currency manipulator.

Investors are waiting for earnings from major banks JPMorgan Chase & Co (JPM.N), Citigroup Inc (CN) and Wells Fargo & Co (WFC.N), starting the fourth quarter reporting season from Tuesday.

Art Hogan, one of those days when we set up the shift from macro to micro, according to Hog Hog, market strategist at National Securities in New York.

I guess that (bank income) would be better news than bad news and a lot of it is …

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