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S & P500 Sets New Peak; heat at tech | Financial

The Dow Jones index ends 0.2% higher at 33,500 points. The broadly curated S&P 500 gains 0.4% on a new high of 4,096 points and the Nasdaq tech exchange rises 1% to 13,829 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 a correction after 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%. Investors also have 1.9% more for Apple.

GameStop dips down 4%. 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.

S & P500 Sets New Peak; heat at tech | Financial
Source link S & P500 Sets New Peak; heat at tech | Financial

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