Dow Jones keeps gains, closes above 34,000

2021-05-04 00:35:59 GMT (Economies.com)
Dow Jones keeps gains, closes above 34,000

Most US stock indices closed higher on Monday, amid focus on the release of more corporates earnings.

 

Apple, Microsoft, Amazon, Tesla and Facebook have reported better-than-expected earnings in the first quarter of 2021.

 

Dow Jones posted a monthly gain of 2.7% in April, Nasdaq posted 5.4% monthly gain, and S&P 500 scored 5.2%.

 

The US Federal Reserve decided last week to keep the interest rate between 0.0% and 0.25% unchanged.

 

The ISM US manufacturing PMI fell to 60.7 points in April from 64.7 points in March, while analysts forecast a rise to 65.

 

To the oil market, WTI crude June futures rose 1.4% or 91 cents, and closed at $64.49 a barrel, after hitting a day high of $64.6 and a low of $62.9.

 

Brent June futures rose 1.2% or 80 cents, and closed at $67.56 a barrel, after hitting a high of $67.8 and a low of $66.1.

 

As for stocks, Dow Jones rose 0.7% or 238 points, and closed at 34,113, with a day high of 34,221, and a low of 33,904.

 

Nasdaq fell 0.5% or 67 points to 13895, with a high of 14042 and a low of 13881 points.

 

S&P 500 rose 0.3% or 11 points to 4,192, after hitting a high of 4,209 and a low of 4,188.

 
 
 
  Symbol Last Change Chg.%
1.2080
-0.0093
0.7628%
1.4037
-0.0099
0.7000%
Tadawul
10322.68
86.96
0.85%
26.976
-0.829
2.980%
64.639
-0.753
1.151%
67.78
-1.54
2.22%
1817.240
-26.985
1.463%
 
 
US
 
Europe
 
Asia