Business

Bargain hunter skips US stocks, Dow rises 587 points

From New York, NY-US stocks soared on Monday as bargain hunters bought a fortune.

The Dow Jones increased prices by 586.89 points or 1.76% to 33,876.97.

The Standard and Poor’s 500 rose 58.34 points or 1.40 percent to 4,224.79.

The Nasdaq Composite Index rose 111.10 points (0.79%) to 14,141.48.

The recent rise in the US dollar stagnated in the US dollar trading on Monday as stocks rebounded. As we approached New York at the end of Monday, the euro remained strong until 1.1917. The pound sterling soared to 1.3929. The Swiss franc rose to 0.9178.

The Canadian dollar was stronger at 1.2360. The Australian dollar jumped to 0.7538. The New Zealand dollar rose even more steadily to 0.6992.

The yen went against the trend and fell to 110.29.

Overseas, German Dax rose 1.00%. Paris-based CASC40 rose 0.51% and London’s FTSE rose 0.64%.

In the Asian market, Tokyo’s Nikkei 225 was the biggest victim, down 953.15 points (3.29%) to 28,010. It became / 93. At some point the index fell 4%.

All Australia’s normal fell by 139.10 points or 1.82 percent to 7,485.20.

Hong Kong’s Hang Seng Index fell 312.27 points (1.08%) to 28,489.00.

China’s Shanghai Composite added 4.09 points or 0.12 percent to 3,529.18.

Bargain hunter skips US stocks, Dow rises 587 points

Source link Bargain hunter skips US stocks, Dow rises 587 points

Back to top button