GT247.com Trading Blog

Global markets close firmer

Written by Odwa Magwentshu | 08 Aug 2018

As a result of the earnings season, we witnessed the U.S. stocks approaching fresh all-time highs. For instance, the S&P500 index closed at the highest level after yesterday’s trading session, since January. Tesla also showed robust returns after the company CEO released a tweet yesterday, proposing to take the company private at $420.00 per share. Trade tensions still loom as the U.S. said it will begin imposing 25% duties on an additional $16 Billion in Chinese imports in upcoming weeks.