Wall Street closes higher with indexes that bribe weekly profits

September 19: The most important indexes of Wall Street are closed higher on Friday and also achieved a weekly profit, because Fedex rose after positive income. On Thursday, the parcel delivery company rose a quarterly profit and turnover above Thursday’s estimates on Thursday, because cost -saving and strength helped in domestic deliveries to compensate for weaker international volumes.

Apple stood up after a price objective by JP Morgan, while winning in Palantir Technologies and Oracle also drove the S&P 500 technology sector higher. The S&P 500 and the Nasdaq recorded their third consecutive week of profit, encouraged by the first reduction of the FED of 2025 and instructions for further relaxation of monetary policy. Reeded optimism around AI linked stock trade also contributed to the turnout.

Wall Street hesitated earlier in the day while investors continued to digest the prospects of the Fed and received a lecture on Stephen Miran, the newest governor and economic adviser to the White House, who spoke at CNBC on Friday morning.

“Certainly, if the idea is that the Fed is moving in a direction to relax the inflation goal, that is definitely a recipe for hot, and that is good for shares,” said Scott Ladner, Chief Investment Officer at Horizon Investments.

According to provisional data, the S&P 500 achieved 32.05 points, or 0.47%, to end at 6,662.84 points, while the Nasdaq composite achieved 156.30 points, or 0.69%, up to 22,625.48. The industrial average of Dow Jones rose 165.45 points, or 0.36%, to 46,315.77. The Small-Cap Russell 2000 index fell after he had briefly reached an intraday record high. It recorded a record from Thursday, his first since November 2021.

“Small caps have reversed with rates reversed, and it’s just the idea of ​​small caps who take a disproportionate benefit from lower interest rates,” Ladner said. In the meantime, US President Donald Trump and the Chinese counterpart Xi Jinping spoke by telephone, after which Trump said that the two leaders made progress in a Tiktok deal and agreed with a face-to-face meeting as soon as next month in South Korea. The Senate also blocked a short -term financing law on Friday, which increases the chance of an US government story. The three most important indexes of Wall Street have so far in a positive area in September – a month that is traditionally considered bad for US shares. The Benchmark S&P 500 has dropped an average of 1.4% since 2000, according to data collected by LSEG. In other stock news, Lennar fell after the home builder had reported a lower profit of the third quarter and predicted the deliveries of the fourth quarter under estimates. Paramount Skydance jumped after a CNBC report more details about the potential bid of the media company for Warner Bros Discovery, which also rose. According to CNBC, an offer could come later than before.