nvestors pushed the Dow and S&P 500 to new trading highs Thursday, as they welcomed a batch of strong earnings and a drop in jobless claims.
The Dow Jones industrial average gained more than 100 points, or 0.7%, while the S&P 500 also rose 0.7%, to an all-time high.
The Nasdaq rose slightly to trade at the highest levels in over a decade.
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Alfonso Esparza specializes in macro forex strategies for North American and major currency pairs. Upon joining OANDA in 2007, Alfonso Esparza established the MarketPulseFX blog and he has since written extensively about central banks and global economic and political trends. Alfonso has also worked as a professional currency
trader focused on North America and emerging markets. He has been published by The MarketWatch, Reuters, the Wall Street Journal and The Globe and Mail, and he also appears regularly as a guest commentator on networks including Bloomberg and BNN. He holds a finance degree from the Monterrey Institute of Technology and Higher Education (ITESM) and an MBA with a specialization on financial engineering and marketing from the University of Toronto.