Wall Street Closes in Green After the Losses of the Eve of the Rise of the Types
12 Articles
12 Articles
Wall Street closed in green and its main indicator, the Dow Jones of Industriales, rose by 0.61% on a rebound day after the losses of the eve by the rise of interest rates in the US.
Wall Street closed with gains as the decline in oil prices and US government bond yields improved the investment climate. The rally in technology stocks also provided a significant boost. In particular, the Dow Jones industrial average closed with a gain of 316.14 points (+0.61%), at 51,778.04 points. Nasdaq up 1.69% The Nasdaq index, dominated by technology stocks, closed with a gain of 439.87 points (+1.69%), at 26,418.29 points. The broader S…
Falling oil prices, lower US government bond yields, and solid jobs figures helped investors digest the Federal Reserve's first interest rate hike in more than three years on Thursday. The major US stock market indices on Wall Street closed significantly higher. Tech companies were particularly in demand.
On Wednesday Wall Street reacted very little enthusiastically to the Fed's interest rate hikes. On Thursday, however, it picked up again – also because of bond yields and oil prices.
Wall Street closed this Thursday in green and its main indicator, the Dow Jones of Industriales, rose by 0.61% in a rebound day after the losses of the eve by the rise of interest rates in the US.
Leading US indices rebounded on Thursday. Falling market interest rates and lower oil prices increased the appetite for wealth after Wednesday's interest rate hike by the Federal Reserve. "An overreaction that created a buying opportunity," believes one investment manager.
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