Weekend stocks hinted that fed won’t hike rates

The speculation about Fed’s rate hikes has been affecting the market. The investors felt that the fed will not be increasing rates and Friday stock ended on a new high. Low oil prices on Friday helped the stock to gain new heights.

The U.S. stock rose to a new high on Friday and the financial companies stocks like Citigroup, JPMorgan Chase, and Bank of America showed an upward trend.