Continue to climb Wall Street

Upward trends prevail today in the American market, as after the technological counterattack yesterday, today the blue chips give the rhythm to the transactions.

In particular, the Dow Jones industrial average is moving at 33,571 points with an increase of more than 1%, the enlarged S&P 500 is strengthening by 0.8% and is at 4,324 points, while after yesterday’s rally the technologically weighted Nasdaq follows in mild rates with + 0.12% at 13,490 points.

Geopolitical tensions following Russia’s invasion of Ukraine show signs of de-escalation, with Kremlin spokesman Dmitry Peshkov telling reporters that Russia was ready to send a delegation to Minsk for talks with Ukraine.

Earlier, the Russian news agency Ria reported that Ukrainian President Zelensky had invited Putin’s Russian counterpart to sit down at the negotiating table.

At the same time, however, both the United States and Europe are imposing significant sanctions on Russia.

In addition, European leaders have personally focused on Russian President Putin and Foreign Minister Lavrov, deciding to freeze their assets.

As Charles Schwab analyst Jeff Kleintop puts it, “there is chaos on the ground, but there is clarity about sanctions and I think that ‘relieves the market.’

On the other hand, positive macroeconomic data on factory orders and consumer spending show an additional boost in trade.

In particular, orders in US factories for business equipment increased in January at the fastest rate in the last four months, while after the fall of December by 0.8%, consumer spending increased by 2.1%.

At the same time, orders for durable goods increased by 1.6% in January from the previous month.