On Wall Street, the Dow Jones Industrial Average lost 90.21 points, or 0.3%, to 36,069.56 units; the S&P 500 index rose 7.33 points, or 0.2%, to 4,668.61 units; and the Nasdaq Composite added 90.47 points, or 0.6%, to 15,901.63 units.
For Wall Street watchers, a lively third-quarter corporate earnings season and upbeat comments on future growth for US companies have helped investors in equities, who have generally ignored concerns about the upside. prices, supply chain problems and a mixed macroeconomic picture.
Furthermore, weekly claims for unemployment benefits, which precede Friday’s important payroll data, fell to a new 19-month low last week, suggesting the economy is taking off again.
In the foreign exchange markets, the dollar index added 0.6% and the euro lost 0.7%, to $ 1.1533, after being affected by expectations that the European Central Bank will follow the Fed to some extent in the path of monetary adjustment.
Crude prices turned negative, reversing initial gains in a volatile session, following a report that Saudi Arabia’s oil production will soon exceed 10 million barrels a day for the first time since the start of the pandemic.
The information, revealed by Saudi-owned Al Arabiya TV, was released after the country, together with members of the Organization of Petroleum Exporting Countries and its allies, agreed to stick to previously agreed production increases.
In raw materials, spot gold added 1.3% to $ 1,792.06 an ounce.
Source From: Ambito
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