Wall Street catches its breath and tries to approach its highs after two falls in a row

Wall Street catches its breath and tries to approach its highs after two falls in a row

On Monday, the Dow Jones fell 0.4%, while the S&P 500 and Nasdaq Composite fell about 0.3% each. It was the second straight loss for the Dow and S&P 500.

Reuters

The Actions in United States they recover slightly this Tuesdaywhile investors try to resume the rally that took values ​​to all-time highs after a fall in the previous session.

The S&P 500 rose 0.3%, while the Nasdaq Composite rose 0.4%. The Dow Jones Industrial Average, for its part, rose 96 points, or 0.2%.

This session’s rally is led by McCormick shares, which are up 10% after beating expectations for the fiscal first quarter. The actions of Seagate Technology are also up 11% after an upgrade to overweight at Morgan Stanley, while Krispy Kreme advances 29% after the donut retailer announced it would expand its partnership with McDonald’s.

The actions that mark the session

While, Tesla shares rise 6% in surprising turnaround for the electric vehicle maker that had so far faltered this year. It is worth remembering that the three main indices ended lower on Monday. The 30-stock Dow Jones fell 0.4%, while the S&P 500 and Nasdaq Composite fell about 0.3% each. It was the second straight loss for the Dow and S&P 500.

Still, the main indices are on track to close their fifth consecutive month higher. The broad market index is up more than 2% in March. The Nasdaq Composite has gained 1.8% in the period, while the Dow has risen 0.8%.

Source: Ambito

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest Posts