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Tuesday 2 February 2021: US equity markets made a strong start to February

Tuesday 2 February 2021:  US equity markets made a strong start to February
Feb 1, 2021 · 5m 36s

US equity markets made a strong start to February, rebounding from sharp falls in the previous session - Dow gained +230-points or +0.76% . The broader S&P500 rose +1.61%, logging...

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US equity markets made a strong start to February, rebounding from sharp falls in the previous session - Dow gained +230-points or +0.76% . The broader S&P500 rose +1.61%, logging is best day since 24 November last year and with Consumer Discretionary (up +2.77%), Information Technology (+2.51%) and Real Estate (+2.27%) all gaining over >2% and leading all eleven primary sectors higher. The Nasdaq gained +2.55%. Apple Inc (up +1.65%) announced that it was selling US$14B of its corporate bonds, spread over six tranches. The small capitalisation Russell 2000 index gained +2.53%.
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Author Morgans Financial Limited
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