Futures Markets: Stock-Index Prices Rally on Strength Of Lower Rates
Futures Markets: Stock-Index Prices Rally on Strength Of Lower Rates
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New York, N.Y: Dow Jones & Company Inc
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English
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New York, N.Y: Dow Jones & Company Inc
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A "confluence of bullish events," including prime rate cuts by most major banks, fueled the rally in stock-index futures and the underlying stocks, said Gerald Walsh, stock-index futures analyst for Prudential-Bache Securities Inc. Market analysts generally view a cut in interest rates as an economic stimulant. Mr. Walsh said that index futures rec...
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Futures Markets: Stock-Index Prices Rally on Strength Of Lower Rates
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TN_cdi_proquest_newspapers_398017105
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https://devfeature-collection.sl.nsw.gov.au/record/TN_cdi_proquest_newspapers_398017105
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ISSN
0099-9660
