Categories: Business

Dow Jones, S&P 500, the Nasdaq: the most Important US stock indices: More at creep speed forward

The main US stock indices have expanded on Monday its early gains in the course with difficulty easily. The Dow Jones Industrial to grow by 0.36% to 25.475,54 points.

The market breadth the S&P 500 gained 0.48 per cent on 3059,03 counter. The technology-heavy Nasdaq 100 rose 0.44 percent to 9597,28 points.

Immediately after the start of trading, investors had elsewhere, in view of rising share prices and Worries about the relationship between China and the United States, even slightly, the thumb lowered.

In Asia, the major markets were left with a Plus from the business, which was, of all places, in China and Hong Kong particularly clear. In Europe, the last course was booked premiums. In Frankfurt but traded due to whit Monday, first on Tuesday.

To this day, the published economic data could not provide a clear picture. On the one hand, the industry had not improved the mood in may, a survey by the Institute for Supply Management, according to as clear as the experts had expected. On the other hand, the retail sales of goods decreased in April, surprisingly little.

Market-moving corporate news, there were only a few. The Biopharmaceutical company Gilead Sciences had to cope with disappointing results of a large medical study. In patients with more moderate effects of Covid rates-19 the Gilead drug Remdesivir showed only small benefits. The share price of the company fell by almost three percent.

Pfizer fell at the end of the Dow Jones is also due to a disappointment in the development of medicines and even to seven per cent. Here it had not given the hoped-for results in the case of a so-called Phase-Three study of a new therapy against breast cancer.

General Electric, by contrast, there were almost two percent. The Swiss Bank UBS increased the price target for the mixed group and the buy recommendation is reiterated.

Matthew Velter

With 5 years of experience as an editor, Matthew has been a crucial part of eTrendy Stock since its inception. He looks after the editing of news content published on eTrendy Stock. Apart from investing his time in editing, he also provides well-researched news articles for the U.S. niche. Mathew studied at University of central Florida.

Recent Posts

Major Global Bank Societe Generale Expands its Euro-Pegged Stablecoin to XRP Ledger

The digital asset-focused subsidiary of major global bank Societe Generale, SG-FORGE, has announced it’s expanding…

9 hours ago

FBI Raids Polymarket’s Founder in Investigation Over U.S. Betting

Federal agents seized electronics from Polymarket CEO Shayne Coplan’s New York apartment early Wednesday morning,…

21 hours ago

Coinbase’s Wrapped Bitcoin Hits $1B Market Cap in Record Time

With a market value of $1 billion in just 57 days since its launch, wrapped…

2 days ago

Trade Crypto Smartly with Brezlin Estates LLC

Discover why Brezlin Estates LLC is your best choice for crypto trading. From cutting-edge tools…

2 days ago

PIDOG: The Meme Coin Set to Revolutionize the Pi Network Ecosystem

Introducing PIDOG, the meme coin that's taking the crypto world by storm, combining the playful…

2 days ago

Profit.com Launches All-in-One App for Smarter Investing

London, United Kingdom, 13th November 2024, ZEX PR WIRE, In today’s fast-paced financial markets, Profit.com…

2 days ago