• hello@whatnews.in
  • Home
  • Business
  • World
  • Contact US
Home»Uncategorized»Wall Street pushes ahead a day after biggest drop since May
Uncategorized

Wall Street pushes ahead a day after biggest drop since May

whatnewsBy whatnewsSeptember 21, 2021Updated:September 21, 2021No Comments2 Mins Read
Facebook Twitter LinkedIn Telegram Pinterest Tumblr Reddit WhatsApp Email
NEW YORK CITY, - MARCH 24: Wall Street stands empty as people stay away from the area due to the coronavirus on March 24, 2020 in New York City. Across the country schools, businesses and places of work have either been shut down or are restricting hours of operation as health officials try to slow the spread of COVID-19. (Photo by Spencer Platt/Getty Images) (Photo by Spencer Platt/Getty Images)
Share
Facebook Twitter LinkedIn Pinterest Email

In early trading on Wall Street on Tuesday, the stock market rose slightly, making up for some of the decline from the previous day’s sharp decline.
The S&P 500 Index rose 0.2% at 10:13 am Eastern Time. The Dow Jones Industrial Average rose 135 points, or 0.4%, to 34,099, and the Nasdaq Index rose 0.2%. 4,444 healthcare companies helped drive the market’s gains. Johnson & Johnson’s stock price rose 1.2% after reports that a few months after the first dose of the vaccine, the immune response to strengthen its one-time coronavirus vaccine will be stronger. As the industry collapsed, 4,444 technology companies also rose due to the reversal on Monday. The yield of
10-year Treasury bonds remained unchanged at 1.31%. 4,444 European markets also rose, and most Asian markets rose. The Chinese market is closed for public holidays.

The market sell-off on Monday was partly due to concerns about debt-laden Chinese real estate developers and the damage they might cause by default, which caused ripples in the market. This has led to widespread concerns among investors, including highly contagious variants of Delta and higher prices that put pressure on businesses and consumers. Wall Street
also measures how a slowing recovery will affect the Fed’s policies, which support the market and the economy. The central bank is scheduled to issue a policy statement on Wednesday, which will pay close attention to signals that the Fed will reduce bond purchases, which will help keep interest rates low.
Several companies have made substantial profits after providing encouraging financial information to investors. Uber, the ride-hailing company, rose 7.7% after informing investors that it might achieve adjusted profits this quarter. Due to solid long-term growth forecasts, equipment leasing company Herc Holdings rose 4.9%.
Supply chain issues have damaged many industries and put pressure on many companies. Due to supply chain issues, housing deliveries in the third quarter were lower than analysts expected, and housing builder Lennar fell 1.4%. Due to the shortage of computer chips hurting the automotive industry, KAR Auction Services withdrew its financial guidance for this year and its stock price fell 1.2%.
Universal Music rose 37% on the first day of listing on the Amsterdam Stock Exchange.

Post Views: 13
wall Street
Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
Previous ArticleApple release iOS 15, iPadOS 15, watchOS 8 in India today
Next Article DICGC is supposed to pay these account holders up to Rs 5 lakh; See the full list of banks, the last date to file the claim
whatnews
  • Website

Related Posts

Bed Bath & Beyond soars 70% as meme traders talk up Ryan Cohen’s call options purchase

August 16, 2022

Wall Street climbs, adding to recent gains as megacaps rise

August 16, 2022

‘Dangerous territory’: Investor Peter Boockvar warns recession is spreading to other parts of economy

August 16, 2022
Add A Comment

Leave A Reply Cancel Reply

Subscribe to Updates

Get the latest sports news from SportsSite about soccer, football and tennis.

Advertisement
About Us
Privacy Policy
Contact Us
© Copyright 2022. All rights reserved.