The Wall Street index closed near the high of the day on Monday, with the Nasdaq technology index jumping 1.9% in the positive climate created by the news that Tesla CEO Elon Musk acquired a significant share in the company. Twitter Inc.
The title of Twitter Inc. jumped 27.1% after acquiring a 9.2% stake by Tesla CEO Elon Musk. These are a total of 73,486,938 shares of the company, according to a relevant announcement to the American Capital Market (SEC).
Tesla’s title also recorded strong gains of 5.6% after the announcement of the electric vehicle company that its deliveries reached a record in the first quarter.
At the same time, global media coverage of the atrocities in the Ukrainian city of Bukhara and elsewhere near Kyiv has been the subject of much media attention, with images of hundreds of dead civilians sparking global horror and voices calling for new sanctions against Russia.
US President Joe Biden called Putin a “war criminal”, adding that he would “be held accountable”, while Commission President Ursula von der Leyen, after a conversation with the President of Ukraine, spoke of “horrific assassinations”. , stressing that “painful images can not and will not go unanswered.”
Indicators – Statistics
On the board, the Dow Jones added 103.61 points or 0.30% and closed at 34,921.88 points, while the broader S&P 500 strengthened by 36.78 points or 0.81% to 4,582.64 points. The technology Nasdaq gained 271.05 points or 1.90% and climbed to 14,532.55 points.
Of the 30 stocks that make up the Dow Jones industrial average, 19 closed with a positive sign and 11 with a negative. Salesforce Inc. recorded the largest increase. with gains of $ 6.60 or 3.11% and closing at $ 218.85 followed by Apple at $ 178.44 with an increase of 2.37% and Intel with gains of 2.27% at $ 49.20 .
On the other hand, the three stocks with the biggest losses were Travelers (-1.85%), Walgreens Boots Alliance (-1.05%) and McDonald’s (-0.97%).
At the same time, investors are continuing to look at the Federal Reserve’s next moves after the strong data announced on Friday for the labor market. The data showed that the US economy added nearly half a million jobs in March, pushing unemployment to its lowest level since February 2020, to 3.6% from 3.8% the previous month.
Analysts say the strong labor market picture and the unprecedented rally in energy prices that has pushed inflation to a 40-year high could lead the US Federal Reserve to raise interest rates by 50 basis points in the coming months. , in order to curb prices. More details on the Fed’s intentions are expected to be provided in the minutes of the last monetary policy meeting to be published on Wednesday.
Source: Capital
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