Take a fresh look at your lifestyle.

Wall Street reaches records among optimism by agreement with China

Wall Street reaches records among optimism by agreement with China


Wall Street began with optimism a week in which the United States and China are expected to sign the first phase of their trade agreement, which led to the record of two of its indicators: the selective S&P 500 and the Nasdaq index.

At the close of the session at the New York Stock Exchange, the Dow Jones of Industrials rose 0.29% or 83.28 points, standing at 28,907 integers.

In maximums never seen, the S&P 500 rose 0.70% or 22.70 points, to 3,288.07; and the Nasdaq progressed a remarkable 1.07% or 95.07 integers, up to 9,273.93.

All sectors closed in green except for the sanitary (-0.35%), with considerable gains for basic materials (1.36%), technology (1.35%) and real estate (1.24%).

The New York parquet counts the hours until Wednesday, when a delegation from the Chinese government goes to Washington to sign the first part of the trade agreement reached at the end of last year after months of tariff impositions.

Meanwhile, investors have applauded the news that the US He plans to remove China from the list of “currency manipulator” countries in which it was included last August, according to CNBC, and also that both governments have agreed to hold biannual talks, according to The Wall Street Journal.

This week, in addition, the main US banks will disclose their quarterly and annual results, beginning a season of corporate accounts in which markets seek clues about the health of the economy.

Among the 30 listed of the Dow Jones, they highlighted the increases of Apple (NASDAQ: AAPL ) (2.14%), Cisco (NASDAQ: CSCO) (1.78%), Dow (1.65%), Goldman Sachs (NYSE : GS) (1.28%), Nike (NYSE: NKE ) (1.27%) and Microsoft (NASDAQ: MSFT) (1.20%), among others.

A dozen firms closed in negative territory, led by UnitedHealth (NYSE: UNH) (-3.14%) and Walt Disney (NYSE: DIS ) (-0.59%).

Outside of that group, the rise of 19% of the food company Beyond Meat (NASDAQ: BYND) drew attention , in the light of a report by the CFRA analysis firm that provides for the “alternative meat” sector to reach global level the 100,000 million dollars in 2030.

In other markets, Texas oil yielded 1.6%, to $ 58.08; and at the close of Wall Street, gold fell to $ 1,549.20 an ounce, the yield of the 10-year Treasury bond rose to 1,842% and the dollar lost ground against the euro, with a change of 1,1135.

Leave A Reply

Your email address will not be published.