The Stock Market Is Rising Again as the Fed Tailwind Continues

This post was originally published on this site

The U.S. stock market looks set for a slightly higher open as investors look past Fed Chair Jerome Powell to August’s jobs report on Friday. European and Asian markets were rallying.

“Fed Chair Powell’s speech on Friday was taken as slightly dovish and that drove the rally in U.S. stocks and it’s carried over globally as we start a new week,” writes The Sevens Report’s Tom Essaye.