Friday 5 February 2021: US equity markets rallied.
Feb 4, 2021 ·
4m 40s
Download and listen anywhere
Download your favorite episodes and enjoy them, wherever you are! Sign up or log in now to access offline listening.
Description
US equity markets rallied, with the both the S&P500 and Nasdaq settling at fresh record closing highs - Dow gained +332-points or +1.08% . The broader S&P500 rallied +1.09% to...
show more
US equity markets rallied, with the both the S&P500 and Nasdaq settling at fresh record closing highs - Dow gained +332-points or +1.08% . The broader S&P500 rallied +1.09% to settle at a record closing high of 3,871.74, with Financials (up +2.28%) leading ten of the eleven sectors higher as Treasury yields climbed. Materials (down -0.54%) was the only primary sector to close in the red. eBay Inc and PayPal Inc (+%) rallied after posting strong results The Nasdaq gained +1.22% to log a record closing high of 13,777.13. Apple Inc rose +2.58% after CNBC reported that it is close to finalizing a deal with Hyundai-Kia to produce driverless cars. The small capitalisation Russell 2000 index gained +1.98% to also register a record close.
show less
Information
| Author | Morgans Financial Limited |
| Organization | Morgans Financial Limited |
| Website | - |
| Tags |
Copyright 2024 - Spreaker Inc. an iHeartMedia Company
Comments