Key Wall Street indexes are moving positively on Tuesday, with the industrial Dow Jones and the S&P 500 climbing to new all-time highs as investors remain optimistic that despite the global coronavirus outbreak due to the micron, the world’s largest economies will never go into lockdowns again.
On Monday, the Dow Jones and the S&P 500 set new records, while the technology Nasdaq rose 1.2%, approaching a distance of about 1% from its previous record.
Experts’ initial estimates that the micron is milder than the delta mutation fuel investor optimism that the restrictive measures imposed by governments will not be as severe as they once were, when they led the global economy into recession.
Infections, however, are setting one record after another, causing concern among experts. The United States recorded a total of 1,083,948 cases on Monday, a new record since the beginning of the pandemic, according to data compiled by Johns Hopkins University. This is more than double the previous record of 486,428 set just four days ago.
Indicators – Statistics
On the board, the Dow Jones industrial average strengthened by 259.28 points or 0.72% to 36,847.09 points, while the broader S&P 500 adds 20.08 points or 0.42% to 4,817.43 points. The technology Nasdaq loses 22.95 points or -0.14% to 15,809.11 points.
Of the 30 stocks that make up the Dow Jones industrial average, 21 are moving with a positive sign and nine with a negative. The biggest gains were made by Goldman Sachs Group with gains of $ 12.47 or 3.15% at $ 407.80, followed by JPMorgan Chase at $ 166.38 with gains of 2.89% and Caterpillar at 212.99 USD with an increase of 2.89%.
The three stocks with the biggest losses are Salesforce (-1.42%), Merck (-0.91%) and UnitedHealth Group (-0.87%).
In business developments, Ford Motor shares jumped more than 6% after the automaker announced plans to nearly double production of its F-150 Lightning electric truck at its Michigan plant to 150,000 vehicles a year to cover ” huge increase in demand “.
Apple Inc. moves with small gains of 0.1% after yesterday’s jump that led it intra-conference above and above the level of $ 3 trillion. at market value, to eventually close below that level.
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I am Sophia william, author of World Stock Market. I have a degree in journalism from the University of Missouri and I have worked as a reporter for several news websites. I have a passion for writing and informing people about the latest news and events happening in the world. I strive to be accurate and unbiased in my reporting, and I hope to provide readers with valuable information that they can use to make informed decisions.
