Daily News | Wall Street indexes going up

As the week continues, more data keeps pouring in from the market, so let’s see what we have to mention today. The situation is particularly interesting in the United States where pretty much all major Wall Street indexes have experienced a surge in value. Russell 2000, Dow Jones and the S&P 500 all went up as the economy over there seems to be on some very solid ground. Furthermore, the country’s currency also went up yesterday, especially compared to euro due to violent protests in Spain. But that’s not all because the country’s factory activity has reached its highest level in the last 13 years. So when you take all of that into consideration, it’s not a big surprise that Wall Street indexes have gone up.
On the other side of the Pond, in the United Kingdom, Uber is struggling to maintain its business. Its license was not renewed by the London authorities and its top executive in Britain has announced that he is about to resign, so things are not looking good for this popular app. This would be a huge blow for the company in general, so Dara Khosrowshahi, Uber’s chief executive is coming over to London to negotiate with the city’s authority. We will see what the meeting will bring, so do come back again for more news from the world of economy.

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