Wall Street Fence up, Supported by Oil Decline
6 Articles
6 Articles
The Dow Jones agreed 0.93%, the Nasdaq index increased by 0.48% and the expanded S&P 500 index gained 0.51%. "The hopes of a diplomatic outcome to the Middle East conflict have reduced oil prices today," explains AFP Angelo Kurkafas, an analyst for the wealth manager Edward Jones. Iran's chief of diplomacy, Abbas Araghchi, in New York for the UN General Assembly, told several foreign media that he had communicated to the US envoy Steve Witkoff o…
ورووا موونااال عبر Cedarnews.net. لمابعة المبيد من العبار والبارير العرية وورونا علموعنا. U.S. actions fluctuated at the beginning of the war, but began to operate predominantly high on Friday (25). وم نبر عر بالبر موعع Cedarnews البباريي. لالالاع عبيد مميد من العببابالالر الر الالالارالالالااااالالالالالالاااا الاالاا الا ا الا اا ال ا ا ا ا ا ا ا ا ا ا ا ا ا ا ا ا ا ا ا ا ا ا ا ا ا ا ا ا ا ا ا ا ا ا ا ا ا ا ا ا ا ا ا ا ا ا ا ا ا ا ا ا ا ا ا ا …
The New York Stock Exchange closed higher on Friday, boosted by gains in technology stocks and a drop in oil prices. The Dow Jones Industrial Average closed up 478.64 points, or 0.93%, at 51,828.62. The Nasdaq Composite, which is dominated by technology stocks, closed ... More www.ertnews.gr
On the 25th, the Dow Jones Industrial Average on the New York Stock Exchange rebounded for the first time in four days, closing at 51,828.62 dollars, up 478.64 dollars from the previous day. Buying orders were dominant due to growing expectations of a easing of tensions in the Middle East. Gains in artificial intelligence (AI) related stocks were also notable.
The talks between Washington and Tehran to reopen the Strait of Ormuz cool the crude oil and partially ease the pressure on the bonds. However, the 30-year Treasure has exceeded 5.5%, peaks since 2004, while the tension between Trump and Xi opens up another stability front for the markets.
U.S. stocks rose on Friday, as Wall Street ended a week of sharp volatility as rising U.S. Treasury yields weighed on financial markets. The S&P 500 rose 0.51% to 7,743.41, while the Nasdaq Composite rose 0.48% to 27,068.716. The Dow Jones Industrial Average gained about 479 points, up 0.93% to 51,828.62. Akamai Technologies was among the top performers, rising 5% after announcing a multi-year deal with Anthropic.
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