Shares of tech mega-caps including Facebook Inc. FB.O., Characters Inc. GOOGL.O, Amazon.com Inc. AMZN.O, Apple Inc. AAPL.O. And Netflix Inc. NFLX.O, Which performed better during periods of economic uncertainty, rising from 0.5% to 2.3%.
Information Technology Schedule .SPLRCT Another 1.4% rise as investors pushed value-added stocks .IVX Among the signs of a recession of broad economic recovery.
All three major U.S. stock indices were certainly down for their fourth week in a row – their longest weekly loss since August 2019.
Instability .Vix It has increased as investors have clarified their impulses to Congress ahead of the November 3 presidential election.
“You’ve got this good recovery in the summer, with the fall coming, the economy could be a little more vulnerable, especially with a lot of stimulus we’re starting to slow down now,” Mike Dowdall said. Manager at BMO Global Asset Management in Chicago.
1:03 pm ET, Dow Jones Industrial Average .DJ The S&P 500 was up 107.27 points, or 0.40%, at 26,922.71 .SPX 22.08 points or 0.68%, 3,268.67, and Nasdaq mixed .IXIC 135.07 points or 1.27% to 10,807.34.
S&P Industry .SPLRCI Data showed new orders for key capital goods made in the US in August added 0.9%, while energy stocks fell 1.1%. .Sleep Put one of their worst weeks after an accident caused by a corona virus in March.
Royal Caribbean Cruise Limited RCLN, Norway Cruise Line NCLHN And Carnival Corp. CCLN Barclays rose more than 6% after a report said they had upgraded their shares to “overweight”.
Boeing Co. B.A.N. Europe’s chief aviation safety regulator made a profit of 4.3% after the manufacturer’s 737 MAX said it could seek regulatory approval to resume flying in November and return to service by the end of this year.
Costco Total Corp. COST.O The warehouse chain fell 1.9% in the second straight quarter as it recorded higher corona virus-related costs.
NovaVox Inc. NVAX.O The drug maker rose 10.6% after its trial test for the COVID-19 vaccine in the UK was delayed.
Advanced issues are higher than 1.49-to-1 on the NYSE and 2.31-to-1 on the Nasdaq.
The S&P Index did not record a new 52-week high or a new low, while the Nasdaq recorded 15 new highs and 35 new lows.
Devik Jain Report in Bangalore; Editing by Arun Koir and Anil De Silva
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