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Stocks rise first time this year

Discussion in 'Technical Analysis' started by FXStreet_Team, Jan 25, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    US stocks were on the rise on Friday and so managed to end a week in the black for the first time this year. S&P energy sector was the top performer. It increased 4.3% amid the growth in oil prices by 9%. Compared to the start of the year, the broad market S&P 500 index is 7% lower now. The trading volume on the US exchanges was 9.1bn stocks on Friday which is 14% above the last 20 trading days’ average. Stock market growth was supported by the positive macroeconomic data. The existing

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