Settings
Light Theme
Dark Theme

Thursday, 25 February 2021: US equity markets staged another intra-day comeback to settle with solid gains

Thursday, 25 February 2021: US equity markets staged another intra-day comeback to settle with solid gains
Feb 24, 2021 · 6m 8s

US equity markets staged another intra-day comeback to settle with solid gains as investors continued to buy companies leveraged to an economic rebound – Dow rose +425-points or +1.35% to...

show more
US equity markets staged another intra-day comeback to settle with solid gains as investors continued to buy companies leveraged to an economic rebound – Dow rose +425-points or +1.35% to 31,961.86. Boeing Co jumped 8.1%, while Chevron Corp climbed 3.7%. Goldman Sachs and Visa Inc both rose more than >3%. The broader S&P500 rose +1.14%, recovering from an earlier -0.6% decline. Energy (up +3.64%) was once again the leading primary sector performer, while Financials (+2.01%), Industrials (+1.93%) and Information (+1.51%) also traded strongly. Utilities and Consumer Staples (-0.03%) were the only primary sectors to close in the red. Tesla Inc rose +6.2% after Ark Invest increased their stake in the electric vehicle maker. Johnson and Johnson rose +1.34% after the U.S. Food and Drug Administration (FDA) said that the pharmaceutical company’s COVID-19 vaccine met the requirements for emergency use authorisation. The Nasdaq rose +0.99%, erasing an earlier -1.3% fall. The small capitalisation Russell 2000 index jumped +2.38%.
show less
Information
Author Morgans Financial Limited
Website -
Tags

Looks like you don't have any active episode

Browse Spreaker Catalogue to discover great new content

Current

Looks like you don't have any episodes in your queue

Browse Spreaker Catalogue to discover great new content

Next Up

Episode Cover Episode Cover

It's so quiet here...

Time to discover new episodes!

Discover
Your Library
Search