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Added on the 25/08/2015 23:22:41 - Copyright : Reuters EN
The closing bell rings at the New York Stock Exchange after the Dow flirted with its first-ever close above 35,000 points Monday, with US stocks turning in another record-filled session ahead of a heavy schedule of earnings releases and economic reports. IMAGES
Madrid, Jun 8 (EFE) .- (Camera: EFE) The Ibex 35, the main index of the Spanish Stock Exchange, has fallen on Tuesday by 0.11%, weighed down by the banking sector and by values related to tourism, and is far from the level of the 9,200 points.FOOTAGE FROM THE SPANISH STOCK EXCHANGE, IN MADRID
On Monday, US stocks rallied as investors bet on the distribution of Pfizer's COVID-19 vaccine and stimulus progress to lift the economy. According to Business Insider, a bipartisan $908 billion stimulus proposal is set to be formally unveiled on Monday. One package will include $748 billion in funds for highly supported measures. A smaller package including more controversial state and local government aid and liability protections for businesses. On Monday, Pfizer and BioNTech will deliver their coronavirus vaccine. Oil prices ticked higher after a tanker exploded in a Saudi Arabian port. West Texas Intermediate crude gained as much as 1.9%, to $47.44 per barrel.
The closing bell rings at the New York Stock Exchange after the Dow surged past 30,000 points for the first time as receding US political uncertainty and hopes for coronavirus vaccines offset worries over spiking Covid-19 cases. After crossing the threshold in mid-day trading, the blue-chip Dow Jones Industrial Average retreated a few times throughout the afternoon before closing at 30,046.24, up 1.5 percent. IMAGES
Dismal earnings from department stores pressured consumer stocks, sending Wall Street south in a late-day selloff. Fred Katayama reports.
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