IBD/TIPP Economic Optimism Index fell sharply in April. Major equity indexes in the US stay in positive territory. The IBD/TIPP Economic Optimism Index in the US declined by 6.2 points in April to 47.8 from 53.9 in March. “The six-month economic outlook index, which went from strongly optimistic to modestly pessimistic at the start of March, turned downright gloomy,” the Investor’s Business Daily (IBD) said in its press release. “The economic outlook gauge tumbled 9.8 points to 38, the lowest level since October 2011. The outlook index for personal finances sank 11 points to 50.2, remaining barely optimistic. Still, any optimism at this moment is notable.” Market reaction Although Wall Street’s main indexes retreated slightly from earlier highs, they remain in the positive territory. As of writing, the Dow Jones Industrial Average and the S&P 500 were up 1.8% and 1.35%, respectively, while the Nasdaq Composite was adding 0.4%. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next NY Governor Cuomo: Coronavirus deaths increased to 5,489 from 4,758 FX Street 2 years IBD/TIPP Economic Optimism Index fell sharply in April. Major equity indexes in the US stay in positive territory. The IBD/TIPP Economic Optimism Index in the US declined by 6.2 points in April to 47.8 from 53.9 in March. "The six-month economic outlook index, which went from strongly optimistic to modestly pessimistic at the start of March, turned downright gloomy," the Investor's Business Daily (IBD) said in its press release. "The economic outlook gauge tumbled 9.8 points to 38, the lowest level since October 2011. The outlook index for personal finances sank 11 points to 50.2, remaining barely optimistic. Still, any… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
