S & P 500 awaits speech Janet Yellen on record – Economic

S & P 500 awaits speech Janet Yellen on record – Economic

Peter Tinker

pedro.latoeiro@economico.pt

Yesterday 21:10

index S & P 500 closes at highest price ever on the eve of the president of Federal Reserve (Fed), Janet Yellen, speaking forum Jackson Hole

<. p> The influential US index progressed 0.30% to 1992.38 points, up history, getting a small step to overcome first the psychological barrier of two thousand points. All 10 sectors represented activity valued in what was the fourth consecutive rise in the S & amp;. P 500

With the time of presentation of results nearing completion is the activity of central banks that back to dominate the

attention of investors. The minutes of the last Fed meeting reinforced the belief that monetary accommodation will continue for some time, although some members already think of rising interest rates. This expectation will be tested tomorrow at Janet Yellen speech before the annual forum in Jackson Hole.

The Dow Jones Industrial Average advanced 0.36% to close above the mark of 17 000 points, while technological Nasdaq remained in maximum of 14 years in 4532.10 points.

Shares of Bank of America have enjoyed over 4% after the institution has agreed to pay a fine of 16 700 million dollars to close several investigations related to the sale of mortgage bonds.