US Stock Markets Hit All Time High

For the past few months, the financial markets in the United States have continued to perform very well. According to a recent new article (http://www.reuters.com/article/us-global-markets-idUSKCN10Q024) the financial markets in the United States have recently hit record highs and could continue to do quite well in the near future. On Monday, August 15, 2016 the Dow Jones Industrial Average hit an all-time high when it went over 18,650 points. The NASDAQ and S&P 500 also were able to achieve all-time highs.

The positive results on August 15 were due to a variety of factors, the most significant of which was a very positive jobs report that showed a reduced level of unemployment across the country. Unemployment has continued to decline on a regular basis since the recession hit the country in 2008. The positive news allowed all three of the major indices to break their all-time highs on the same trading day for the first time in over 15 years.

Along with the increase in the major indices, the oil markets also increased by over three percent. This was the third straight day that the oil prices have increased by three percent or more, which has added up to a ten percent rally over the past three trading days.

While the stock market has done very well over the past few months, there are some upcoming decisions that could have an impact on the continued rally. The most significant item that could impact the overall markets is whether or not the US Federal Reserve decides to increase interest rates or not. Due to the recent increase in the markets, they may feel compelled to do so in order to prevent inflation.