The New York Stock Exchange continues to rise sharply

The New York Stock Exchange continues to rise sharply

(Telestock) – Wall Street sees strong gains on daywhich continues to trade on the rise, thanks to the support offered by the Fedwhich has reinforced expectations of a rate cut in September, and positive macroeconomic data, in particular that of Retail sales better than expected. The sentiment was also revitalised by the Positive results from major US banks.

The Dow Jones continues to rise by 1.65%, consolidating the series of five consecutive increases, which began last Wednesday; along the same lines, theS&P-500 makes a small leap forward of 0.35%, reaching 5,651 points. Just below parity the Nasdaq 100 (-0.33%); almost unchangedS&P 100 (-0.01%).

Industrial goods (+2.33%), materials (+1.82%) and secondary consumer goods (+1.27%) in good light on the S&P 500 list. Among the worst performers on the S&P 500 list, the sectors with the greatest decline telecommunications (-0.84%) and informatics (-0.84%).

At the top of the rankings of American giants components of the Dow Jones, United Health (+5.62%), Boeing (+4.50%), Caterpillar (+3.93%) and Home Depot (+2.51%).

The worst performances, however, are recorded on Merckwhich recorded a -1.55%.

Disappointing Microsoftwhich sits just below the levels of the day before.

Weak Intelwhich shows a small decrease of 1.25%.

Between Nasdaq 100 protagonists, Warner Bros.Discovery (+6.60%), Illumina (+5.18%), Old Dominion Freight Line (+4.03%) and Starbucks (+3.29%).

The worst performances, however, are recorded on Constellation Energywhich marks a -2.93%.

Negative session for Broadcomwhich shows a loss of 2.40%.

Under pressure MicronTechnologywhich shows a decrease of 2.04%.

Slip Advanced Micro Deviceswith a clear disadvantage of 2.03%.

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