Sunday , October 17 2021

Despite Friday's downtrend, the DJIA index closed stronger.



Illustration illustration Photo: TASR / AP

The Dow Jones Industrial Average (DJIA) of the New York Stock Exchange (NYMEX) fell 0.79% on Friday from 9.11 to 25.989 on Friday, but the US stock market had another week on weekly basis. 30 points. However, it showed a 2.8% stronger than Friday. After a sharp decline before the end of October, it increased almost 8%.



Investors reduced Friday 's decline because of the weak performance of some tech companies in the third quarter. Many people were worried about falling oil prices in the world market. They can be a signal that the US boom will weaken in the short term. Stable, up-to-date data has had little impact on the positive development of the weekend. Consumer analysts, on the other hand, had worse consumer sentiment on November 1 than anticipated analysts.

The Standard & Poor's 500 index fell 0.92 percent to 2,781.01.

The Nasdaq Composite Index fell 1.67 percent to 7039.15.

Source: Teraz.sk, news portal of TASR


Source link