U.S.
stocks closed solidly higher Thursday after American and Chinese officials
declared a tentative resumption of tariff talks, viewed by Wall Street as a
sign of progress in the yearlong trade conflict between the economic
superpowers.
Also helping boost sentiment
were a series of bullish economic reports, including data from ADP estimating
the private sector added 195,000 jobs in August, and a better-than-expected
reading on activity in the U.S. services sector.
Our proprietary model
has turned BULLISH our recommendation is to go LONG the stock market at this time. The current
closing numbers of the indices for this recommendation are:
Stock Market Closing Numbers
|
|
9/5/2019
|
|
Dow
|
26,728.15
|
Nasdaq
|
8,116.83
|
S&P 500
|
2,976.00
|
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