American stock indexes keep breaking new record highs as long holidays approach
As a reminder, U.S. stock markets were closed on Monday for Independence Day. Meanwhile, there was a good reason for optimism in the market as unemployment data turned out to be not so good.
Movements in American stock prices were small and divergent during Monday trading session
The market was evaluating statements by U.S. Treasury Secretary Janet Yellen. In addition, the main intrigue was related with anticipation of data on May consumer price movements.
Feeble labor market data has brought hope Federal Reserve will put tightening its monetary policy on hold. That said, quite logically, technologies were among the day’s leaders.