US stocks end the session on new record highs on Wall Street

US stocks ended the second trading session of the week after missing on Monday due to the Columbus Day holiday on green, supported by the superiority of the shares of Wal-Mart, Johnson & Johnson and Kroger to see the Dow Jones industrials and the Standard & Poor's 500 in addition to Nasdaq Composite New Record Highs on Wall Street.

The Federal Open Market Committee (FOMC) and Federal Reserve Bank President Robert Kaplan, speaking about the economic outlook at the Stanford Institute for Economic Policy Research, said the option to raise federal funds rates at future meetings was still in place. Long waiting without raising short-term benchmark interest rates may increase the chances of recession.

This came ahead of the reading of the Job Vacancy Index and the employment turnover survey at 6.08 million jobs, compared to 6.14 million jobs last July, below forecasts of about 6.13 million jobs, to reveal the minutes of the Federal Open Market Committee meeting September 19-20 In which interest rates were kept at between 1.00% and 1.25% and approval of the start of normalization plans by October.
US stocks rose in the first week of October and the fourth quarter of 2017, hitting new record highs on Wall Street amid optimism about progress in tax reform adopted by US President Donald Trump and his Republican Party before it concludes. Last week's sessions were slightly negative and the rally continues this week.

The Republican-controlled House of Representatives on Thursday approved the 2018 financial spending plan by 219 votes to 206 votes, which included a legislative tool that allows Republicans to bypass Democrats and pass the tax bill by a simple majority in the Senate where they need 52 Complex out of 100 seats in the Council.
In contrast, financial markets are looking closely at the start of the season of disclosure for major US companies and banks, the nerve center of the world's largest economy, with JPMorgan Citch and Citigroup expected Thursday For the third quarter of the current year 2017.
The Dow Jones Industrial Average ended the session up 0.18% or 42.21 points at 22,872.89 points. The S & P 500 rose 0.18% or 4.60 points to close at 2,555.24 points, while the Nasdaq composite rose 0.25% Ie around 16.30 to close at 6,603.55 points.
Gold futures for December delivery rose 0.12% to currently trade at $ 1,295.30 per ounce compared to the opening at $ 1,293.80 per ounce, while the dollar index fell 0.37% to 92.92, its lowest level since September 26 compared to the opening at 93.29.

On the other hand, crude oil futures for November delivery rose by 0.81% to trade at $ 51.33 per barrel compared to the opening price of $ 50.92 per barrel. Brent crude futures for December 15 delivery Up 0.49% currently trading at $ 56.89 per barrel compared to the opening at $ 56.61 a barrel.