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Dow cleans up loss; Nasdaq Boosts Profits | Financial

The Dow Jones index makes a pass at 33,327 points around 7.30 pm (Dutch time). The broadly curated S&P 500 wins 0.4 percent higher at 4094 points and tech exchange Nasdaq rises 0.9% to 13810 points.

Investors in the US feel supported by last night’s minutes from the US central bank (Fed). There, an image emerged that Fed members had little enthusiasm to put the brakes on the bond purchase program.

Technical analysts emphasize that the S & P500 is ripe for correction that the sharp upward movement in recent weeks.

The macro news from the US was disappointing. The number of WW applications in the US increased from 22,000 to 744.00 in the past week. A decrease to 680,000 was anticipated in advance.

Tech funds are doing a nice business. Tesla will gain 1.9%. For Apple, investors have 1.6% more to spare.

GameStop won just under 1%. Activist investor Ryan Cohen has been nominated as chairman of the chain of computer game stores. He has been arguing for a long time for a major change of course at the company, which recently gained considerable stock market value by private investors who united on forum site Reddit.

Dow cleans up loss; Nasdaq Boosts Profits | Financial
Source link Dow cleans up loss; Nasdaq Boosts Profits | Financial

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