Home » News » New York Stocks: Recovery Continues with Momentum | 02/02/21

New York Stocks: Recovery Continues with Momentum | 02/02/21

NEW YORK (awp international) – All signs point to recovery on the New York stock market. With renewed momentum, the US benchmark index Dow Jones Industrial rose a little further on Tuesday towards its record high reached at the end of January, as did the S&P 500 and the Nasdaq 100. At the same time, there was no clear impetus from the reporting season.

In early trading, the Dow was last 1.51 percent to 30,667.29 points. For the market-wide S&P it went up 1.33 percent to 3824.14 points. The technology-heavy Nasdaq selection index 100 gained 1.10 percent to 13 394.58 points.

After investors stopped being too nervous at the start of the week by the speculation hype about stocks like Gamestop and the silver market, things seem to have smoothed out further. The silver price also fell significantly after its soaring.

Investors also saw a meeting between the new Democratic President Joe Biden and Republican senators as a positive sign, even if it has not yet brought a breakthrough in terms of the Corona stimulus package. The conversation in the White House was “excellent” and “very productive,” said a Senator./ck/he

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