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Dow Jones Continues Rising Streak, S&P500 Approaches All-Time High: Market Update

(CercleFinance.com) – And seven for the Dow Jones, which has irresistibly continued the rising sessions since May 1. It is also better than other US indexes with an advance of 0.85% to 39,388: the 39,807 on March 28 is not far away.

The S&P500 returns to contact with its all-time high (5,254) with a gain of 0.51% to 5,214 (the best close since March 28, with 86% of stocks up), after benefiting from the rebound in the oil companies with Chevron +1, 6%. and Halliburton +1.1%.

The Nasdaq Composite is content with +0.27% at 16,346, but ends 0.6% from its best mark of 16,442 on April 11. The Nasdaq-100 finally shows +0.16% at 18,113, although it went down especially with the -1.8% decline in Nvidia.

A good surprise on the bond market: US T-Bonds reversed course in the afternoon, going from +2 basis points at 4.502% to -3 basis points at 4.457%, the same difference appearing for the yield at 2 years , at 4.813%.

Side macroeconomic figuresRegistrations for unemployment benefits in the United States increased by 22,000 to stand at 231,000 last week, after a rare stagnation near historical levels – about 210,000 to 220,000 – that lasted a month.

In listed company news, operators significantly dominated the quarterly releases of Airbnb (-6.9%) and Army (-2.3%), but welcomed the releases of Warner Bros Discovery (+3.1%) and Tapestry (+3.5%).

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2024-05-10 05:15:00
#Market #session #rises #record #highs #York #ABC #Bourse

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