NEW YORK (dpa-AFX) – The US stock markets entered the new week with a mixed trend. While the standard values on Wall Street continued their upward movement of the past trading days, the technology stocks traded on the Nasdaq fell noticeably after the recent recovery rally. The focus remains on the oil price, which continued to soar on Monday.
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The Dow Jones Industrial surpassed the highly regarded mark of 35,000 points and traded 0.72 percent higher at 35,048.90 points in early trading. A week ago, due to concerns about the crisis in the Chinese real estate group Evergrande, the leading index fell to 33,613 points, its lowest level since mid-June, but then recovered from it.
The broader S&P 500, however, fell 0.09 percent to 4451.31 points on Monday. The technology-heavy Nasdaq 100 lost 1.06 percent to 15,167.84 points./edh/he
Source: dpa-AFX
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