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Anticipating two-day G20 meeting

Discussion in 'Technical Analysis' started by FXStreet_Team, Feb 26, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    US stocks closed much higher on Thursday on rebounding oil prices that relieved the concerns on the possible banks’ debt defaults. S&P 500 index closed 1.13% higher at 1,951.7 with all its sectors closing in the black and financials, industrials and basic materials being the leaders of growth having added 1.2-1.3% each. For the last 9 trading days the broad market index has already edged up by 6% and for the first time in 2016 it surpassed its 50-day moving average. Dow Jones industrial

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