Friday, 11 June 2021: US equity markets advance shrugging off inflation concerns
Jun 11, 2021 ·
6m 18s
Benchmark US equity markets advanced, shrugging off the latest evidence of accelerating inflation - Dow inched +19-points or +0.06% higher. The broader S&P500 added +0.47% to settle at a fresh...
show more
Benchmark US equity markets advanced, shrugging off the latest evidence of accelerating inflation - Dow inched +19-points or +0.06% higher. The broader S&P500 added +0.47% to settle at a fresh record closing high of 4,239.18, also touching a fresh record intra-day high (4,249.74) earlier in the session. Healthcare (up +1.69%) led seven of the eleven primary sectors higher. Financials (down -1.12%) was the worst performing primary sector. RH (formerly known as Restoration Hardware) soared +15.67% after the home furnisher posted a better-than-expected first quarter result after the close of the previous session and lifted its fiscal full year sales.
show less
Information
| Author | Morgans Financial Limited |
| Website | - |
| Tags |
Copyright 2024 - Spreaker Inc. an iHeartMedia Company
