Wall Street operates at record levels due to robust retail sales data

Wall Street operates at record levels due to robust retail sales data

Travel-related stocks, which are often sensitive to news of the coronavirus, fell after US airlines canceled about 800 more flights on Monday, having cut thousands of flights over the Christmas weekend, amid the surge. of omicron cases.

The S&P 1500 Airlines Index lost 1.6%. Cruise operators Norwegian Cruise Line Holdings, Royal Caribbean and Carnival Corp fell between 2.2% and 3%, leading declines in the benchmark S&P 500 index.

Nine of the top 11 S&P 500 industry indices were up, with tech leading the percentage gains.

The Dow Jones Industrial Average rose 119.06 points, or 0.33%, to 36,069.62 units, while the S&P 500 gained 24.64 points, or 0.52%, to 4,750.43 units.

The Nasdaq Composite added 84.21 points, or 0.54%, to 15,737.59 units, thanks to the momentum of megacap companies, such as Tesla Inc, Microsoft Corp, Apple Inc, and Meta Platform, which rose between 0 , 9% and 2.3%.

Wall Street’s major stock indices are headed for a third consecutive annual gain, with the S&P 500 in gear to end the year up 26.4%. The Dow Jones accumulates an advance of 17.8%, while the Nasdaq adds 22.1%.

Bags of the world

The International stock exchanges today registered a positive trend in most of the main assets and oil was operating on the rise in the reference markets.

The The main stock exchanges in the Asia-Pacific region closed today with mixed results, according to the Bloomberg agency, on a day in which Hong Kong did not operate for a holiday.

Thus, the Japanese Nikkei index fell 0.37%; South Korea, 0.43%; and China, 0.06% in its Shanghai index, but advanced 0.09% in Shenzhen. Meanwhile, Taiwan grew 0.49%.

In Europe the main stock exchanges were operating on the rise: Paris rose 0.77%, Frankfurt 0.52%, Madrid 0.71% and Milan 0.79%, while London did not operate due to a national holiday.

The São Paulo Stock Exchange gained 0.61% and its main index, the Bovespa, stood at 105,535.10 points.

Lastly, the 30-year US bond showed a yield of 1.88%, while the 10-year bond yielded 1.48% annually, and the same two-year asset posted a 0.71% yield.

Grain

Grain futures were trading at the opening of the Chicago Market with a positive trend: soybeans gained 1.93% to settle at US $ 499.06 a ton in futures contracts with delivery in January.

Meanwhile, corn rose 1.02% to US $ 240.94 per ton, and wheat rose 0.12% to US $ 299.73, in both cases in future contracts with delivery in March.

Source From: Ambito

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