He Dow Jones Industrial Average rises 317.47 points, or 0.9%, to 33,987.86 units, the S&P 500 gains 43.76 points, or 1%, to 4,371.54 units and the Nasdaq Composite adds 144.04 points, or 1.1%, to 13,551.54 units.
The Treasury bond yields long-term rises as the United States strives to avoid an escalation of tensions, with Secretary of State Anthony Blinken arriving in Israel for talks after senior officials in Washington warned the conflict could worsen.
He industrial sector and that of discretionary consumption were among the most bullish of the main sectors of the S&P 500while public services and the real estate sector decline.
modern reaffirmed its sales forecast of COVID vaccines between 6,000 and 8,000 million dollars for the year. The company’s shares fall 3.9%.
Megacap Stocks Microsoft, Meta Platforms, Alphabet, Amazon.com rise more than 1% each, although Manzana drops 0.6% after learning that the company’s new iPhone had a disappointing start in China.
Key economic data facing Wall Street this week
This week the results of the banks will be known Goldman Sachs, Bank of America, Morgan Stanleythe pharmaceutical giant Johnson & Johnsonthe automotive tesla and the pioneer of video streaming Netflix.
Investors are also awaiting economic data, such as retail sales of September and Philadelphia Fed Business Index October.
The data showed that the index “empire state” of the New York Federal Reservea gauge of manufacturing activity in New York state, fell to -4.60 in October, versus an expectation of -7.
Source: Ambito
I am a 24-year-old writer and journalist who has been working in the news industry for the past two years. I write primarily about market news, so if you’re looking for insights into what’s going on in the stock market or economic indicators, you’ve come to the right place. I also dabble in writing articles on lifestyle trends and pop culture news.
