SME Times is powered by   
Search News
Just in:   • Britain's economy shrank by nearly 20% in second quarter  • Govt agencies procure 44,809 tonnes of paddy in Punjab, Haryana  • Core sector output down 8.5 pc in August  • IDFC First Bank MD gifts Rs 30-lakh shares to schoolteacher  • Govt extends bid-submission deadline for BPCL sale till Nov 16 
Last updated: 15 Sep, 2020  

NYSE.9.Thmb.jpg US stocks rise amid tech rebound

NYSE.9..jpg
   Top Stories
» Core sector output down 8.5 pc in August
» April-June external debt falls to $554.5 bn
» Fiscal deficit at over 109% of target in Apr-Aug
» Current account surplus at $19.8B in Q1FY21
» Covid-related reliefs for cos extended till Dec
IANS | 15 Sep, 2020
US stocks ended higher, fueled by a rebound in big tech names.

On Monday, the Dow Jones Industrial Average increased 327.69 points, or 1.18 per cent, to 27,993.33. The S&P 500 rose 42.57 points, or 1.27 per cent, to 3,383.54. The Nasdaq Composite Index rallied 203.11 points, or 1.87 per cent, to 11,056.65, Xinhua news agency reported.

Tesla shares soared 12.58 per cent, contributing to the market. The stock was still down more than 15 per cent for the month as of Monday's close.

Apple shares jumped 3 per cent. Shares of the iPhone maker logged 10.6 per cent of month-to-date loss.

All the 11 primary S&P 500 sectors closed higher, with real estate and technology up 2.16 per cent and 2.07 per cent, respectively, leading the gains.

US-listed Chinese companies traded higher, with all the top 10 stocks by weight in the S&P US Listed China 50 index ending the day on an upbeat note.

The moves followed a turbulent week on Wall Street that saw the Nasdaq book its worst week since March as investors rotated out of the tech sector.

For the week ending Friday, the Dow fell 1.7 per cent, the S&P 500 dropped 2.5 per cent and the Nasdaq shed 4.1 per cent.

 
Print the Page
Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
66.20
64.50
UK Pound
87.50
84.65
Euro
78.25
75.65
Japanese Yen 58.85 56.85
As on 01 Oct, 2020
  Daily Poll
COVID-19 has directly affected your business
 Yes
 No
 Can't say
  Commented Stories
» Starting an import export business: Basic guide for beginners(2)
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter