Economy

RECORDS SMASHED: Stocks Surge to ALL TIME HIGHS for All Three Major Indexes

posted by Hannity Staff - 12.20.19

The United States Stock Markets set new records Friday, with all three major indexes reaching all-time highs.

Stocks opened in record territory on Friday, the first session after the United States-Mexico-Canada Agreement sailed through the U.S. House of Representatives. The trade deal now heads to the Senate, where it’s expected to pass before being sent to President Trump,” reports Fox Business.

“All three of the major averages were trading higher in the opening minutes and on track for their fourth straight week of gains. The Dow Jones Industrial Average was up 170 points, or 0.6 percent. The S&P 500 and Nasdaq were higher by 0.4 percent and 0.3 percent, respectively,” adds the website.

“All three of the major averages finished in record territory on Thursday, the session after the U.S. House of Representatives voted to impeach President Trump. The Dow Jones Industrial Average booked its first close of up 10,000 points since Trump’s election win on Nov. 8, 2016,” reports Fox.

Read the full report at Fox Business.

AMERICA UNLEASHED: Stock Market HITS ALL TIME HIGH, Unemployment at 49 YEAR LOW

posted by Hannity Staff - 9.20.18

The US economy continued to smash records and surpass expectations in September, with new data showing the American unemployment rate at a half-century low and the Dow Jones Industrial Average reaching an all-time high.

According to CNBC, the Dow rose 219 points Thursday with the S&P 500 also breaking its previous record. The President hailed the news on social media, saying “S&P 500 HITS ALL-TIME HIGH Congratulations USA!”

“The Dow Jones Industrial Average hit its first record high since January on Thursday as gains in Apple and a decrease in trade fears lifted the 30-stock index… The Nasdaq Composite also rose 0.5 percent,” writes CNBC.

The stunning economic data may spell disaster for Democrats hoping to retake Congress this fall, with House Minority Leader Nancy Pelosi vowing to repeal the ‘GOP Tax Scam’ should her party win big during the midterm elections.

Read the full report at CNBC.

BREAKING NOW: Stock Market APPROACHING ALL TIME HIGH, Could Break Record Any Moment

posted by Hannity Staff - 6.11.19

The United States stock market approached its al-time high Tuesday; with investors and industry insiders saying it could smash previous records at any moment.

“The next big test for the stock market will be whether the major indexes can break through all-time highs, just a short distance away,” reports CNBC. “Stocks have rallied on expectations that the Fed should be cutting interest rates in the near future, and that President Donald Trump would stand down from his threat to put tariffs on Mexico, as he did on Friday. The Dow Jones Industrial Average and S&P 500 are both up more about 5% in June. The Dow is up for six-straight days and futures pointed to another big gain Tuesday.”

“Good day in the Stock Market. People have no idea the tremendous potential our Country has for GROWTH – and many other things!” posted the President earlier Tuesday.

The stock market surge comes just days after President Trump announced a last-minute deal with Mexico on immigration; suspending a potential 5% tariff on all Mexican-produced goods.

“I am pleased to inform you that The United States of America has reached a signed agreement with Mexico. The Tariffs scheduled to be implemented by the U.S. on Monday, against Mexico, are hereby indefinitely suspended,” said Trump last Friday. “Mexico, in turn, has agreed to take strong measures to….stem the tide of Migration through Mexico, and to our Southern Border. This is being done to greatly reduce, or eliminate, Illegal Immigration coming from Mexico and into the United States. Details of the agreement will be released shortly by the State Department. Thank you!”

This is a developing story. Check back for updates.

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