On Monday, US stocks surged because dives in Boeing and Facebook held profits in check and traders closely watched this week's Fed gathering for affirmation of the major financial institution’s commitment to patient monetary stance.
The S&P 500 stood nearly 3.4% below its all-time maximum recorded in September. Eventually, all three key American indexes found themselves in positive territory.
The Dow's nominal rally advance was hampered by Boeing Co that tumbled by 2% because the company faced soaring scrutiny as for safety of its 737 MAX planes after a fatal crash on March 10 in Ethiopia. The world's number one air plane maker extended the previous week's 10.3% slump becoming the heaviest weight on the blue-chip index.
The Fed’s two-day policy gathering burst out on Tuesday. Market participants expect the major US financial instituiton
Brexit assisted to curb investor optimism because the UK’s speaker of Parliament stressed that Prime Minister Theresa May's proposal wouldn’t be put to a vote unless it wasn’t radically revised.
As a matter of fact, the Dow Jones Industrial Average rallied by 0.12% hitting 25,880.66. As for the S&P 500, it surged by 0.29% reaching 2,830.65, while the Nasdaq Composite surged by 0.28% ending up with 7,709.98.
Of the 11 key sectors in the S&P 500, 6 found themselves in the black, with financials and energy reporting the most impressive percentage gains.
As for the communications services sector, it turned out to be the number one percentage loser, suppressed by Facebook.
Facebook's stocks headed south by 3.1%. As for the equities of Apple, they tacked on by 0.9%.
Goldman Sachs soared by 2.2%, while Citigroup jumped by 1.2%.
Every year in early autumn Apple holds its event where it presents new iPhones, Apple Watches, and iPads. This year wasn’t an exclusion. But yesterday’s presentation didn’t result in Apple stock growth, and here’s why.
Richard Branson offloaded nearly 10 million shares, which equals about 4% of the Virgin Galactic stock, leaving him with an 18% stake.
Today at 00:00 GMT+3 SPCE will present the second quarter 2021 financial results. We will get to know everything about the company's financial condition and plans.
XAUUSD fell below 1900 for the first time since March 2023. Meanwhile, the US dollar index gives a bearish signal. Read the full report to learn more!
Oil prices are rising while the US government is on the verge of shutting down. How will it affect the market?
US stock markets started falling, while the US dollar is rising. What to expect from
FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.
Your request is accepted.
A manager will call you shortly.
Next callback request for this phone number
will be available in
If you have an urgent issue please contact us via
Live chat
Internal error. Please try again later
Don’t waste your time – keep track of how NFP affects the US dollar and profit!
|
