Wall Street: S&P 500 posted biggest daily gain since March

Wall Street: S&P 500 posted biggest daily gain since March

“We saw good financial results and we had good news on the macroeconomic front,” Tom Cahill of Ventura Wealth Management summed up to AFP. Among the values ​​of the day the banking ones stand out, after robust quarterly results. Así Bank of America ganó 4,47% a u$s45,07, Citigroup 0,70% a u$s70,75, y Morgan Stanley 2,46% a u$s100,99.

The technology sector jumped 2.3%, giving the S&P 500 its biggest boost, supported by rising shares of Microsoft Corp. and Apple Inc. Also noteworthy was United Health Group Inc’s rally, which grew 4.2% after the health insurer reported results and raised its full-year adjusted earnings forecast based on the strength of its Optum unit.

Applications for unemployment benefits in the United States fell to less than 300,000 last week for the first time since the start of the pandemic. In the week ended on Friday 9, the orders were 293,000, which means about 36,000 less than in the previous week, according to official data.

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