Categories: Business

Another day, another note on Wall Street as inch stocks

New York: The Major Wall Street index closed at the highest of all time for the second consecutive session on Monday, operating with US infrastructure resulb and good job data.
The benchmark Dow Jones Industrial rose by an average of 0.3 percent to close at 36,432.22, and the broad-based S & P 500 rose 0.1 percent until it ended 4,701.70.
The Nasdaq composite index that was rich in technology rose 0.1 percent to complete 15,982.36.
The market has made a record of recurring last week amid good news in the war against Covid-19, as well as Friday government work reports that showed the United States added 531,000 better positions than forecast in October.
The Monday session was the first since the Congress who passed the $ 1.2 trillion infrastructure reshuffle in a victory for President Joe Biden, profitable market and business such as Caterpillar construction equipment companies, which rose 4.1 percent.
Tesla fell 4.8 percent after the majority chose yes for Twitter polls from Elon Musk’s pieces asked if he had to sell 10 percent of his shares in an electric car company.
The market has entertained the gradual tightening of the Federal Reserve from an easy money policy, and sentiment changed slightly after Deputy Chairperson of Richard Clarida said the increase in interest rates could come at the end of next year.
At the calendar for this week is an update for the consumer price index and producer, which will show the latest about the wave of inflation that has been experienced by the US economy when recovering from a pandemic.

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