Dow collects 400 points as investors get the technological and eye from Europe



Dow Jones, Tuesday, investors have increased by 396 points for a 1% increase, as it is mainly from the technological sector. This landslide has preferred the Dow Jones, which has 3% discounted by December 3, 2024. Meanwhile 0.11% and fell on S & P 500 Half Fell by 0.83%.

He saw a huge, stock prices from Tech giants. Nvidia 3% lowered; Microsoft Decreased by 1.1%; and Meta 2.6% below where it was opened.

Tesla If 5.3% of the session would have fallen to $ 302, the most decreased, 5.3% decreased, part of the head executive Elon Musk may belong to the head of the CEO Updated Feud With President Donald Trump.

Throughout the pond, European markets focused on Tuesday, after reports on investors to relocate to continent. However, the shares in the European Union collapsed the day.

Stoxx 600 decreased by 0.2% in a few days with more than one peak and valley of the index. The German DAX has closed the entire session in a negative Side, 1%. The French CAC slightly low, lowered four main points for the day. The FTSE had a regional brilliant place in the United Kingdom, which increases 0.3%

The US dollar index (DXY) in the foreign exchange markets was straight in the morning. On Tuesday, Dxy was 0.1% hovering around $ 96.76. The US dollar has been the worst performance in the first half of the calendar year since 1973. Since the beginning of the year, the US dollar has decreased by 11% against a basket of similar currencies.

The weakness in the dollar reflects the feeling of uncertainty covering the economy in the last few months. However, the dollar slide was the rally of the euro. Euro, the euro, which is so far, so far is up to date. On Tuesday, the euro jumped up to $ 1,1832 before falling in the morning in the morning in the morning.

European Central Bank President Kristin Lagarde called “Strengthening the power of our economy” during the ECB forum in Sintra in Portugal on Tuesday.

“There is also a clear thanks to the dollar,” he said. “Depending on this, depending on what you look, or the obsolescence of the dollar or the euro can be both.”

As the euro and dollars moved in the opposite direction, investors began to reassess their portfolios towards European capital.

More stability in Europe, the increase in the euro assessment and defense costs, the European Union was united to make a more attractive place than in recent years.

“In this case, we are also looking for an interesting events that we are moving, the influx of capitals, and the attractiveness of euro-denominated assets,” said Lagarde.



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *