Wall Street closed in the green and its main index, the Dow Jones Industrials, rose 1.02% Focusing on the midterm elections that could put the Joe Biden government in trouble.
(Ecopetrol, with pre-production of the virus and net income of $26.6 billion).
According to the data at the bell ringing on the New York Stock Exchange, the Dow Jones rose 333.83 points, reaching 33,160.83 units, which is an increase that is added to what it was on Monday, which is more powerful and allows us to guess a particular investor’s optimism for a possible political change.
The S&P 500 selective index rose 0.56%, or 21.31 integers, to 3,828.11 points, while the Nasdaq Composite Index, where major technology companies are listed, rose 0.49%, or 51.68 units, to 10.616.20 integers.
Analysts consider it almost certain progress for the Republican PartySeth Cohan, the analyst, said that taking control of one or both chambers would act as a counterweight to the Joe Biden government, which would translate into curbing spending, tax and regulatory policies, and was “the best thing that could happen to the market.” For The Wealth Alliance, citing CNBC.
(Oil prices are falling due to fear of new lockdowns in China.)
Additionally, the market is awaiting last month’s CPI on Thursday, looking for clues about the Fed’s next steps in raising interest rates to tackle inflation.
by sectors, Profits were dominated and led by raw materials companies (1.68%) and technology companies (0.92%); Only non-essential commodity companies closed in red (-0.3%).
Among the 30 companies listed on Dow Jones, green also dominated, highlighting a lead of 5.55% from pharmaceutical company Amgen, Boeing (2.86%) and American Express (2.19%); Walgreens (-0.78%) and Walt Disney (-0.53%) closed in the red.
Major European stock markets closed higher on Tuesday, Waiting for the results of the US midterm elections and inflation in October. The Paris stock market rose 0.39%, Frankfurt rose 1.15%, Milan 0.86% and London 0.08%. In Madrid, the Ibex-35 index closed adding 0.46%.
France Press agency
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