US stock indices recorded gains when they closed the opening session of the week yesterday, Monday, June 21, to compensate for their losses recorded last week, as the Dow Jones Industrial Average recorded its best daily performance since last March, rising by about 586 points at the close, after losses estimated at 3% last week. In the worst weekly performance since last October. US stocks benefited from the signs that the US economy is improving and the beginning of its recovery from the effects of the Corona virus, which prompted the members of the monetary policy board of the Federal Reserve to raise their expectations for GDP growth to 7% for the current year, compared to 6.5% in the expectations of March. The Dow Jones Industrial Average closed up by about (586) points at the close at 33.876 levels, with gains of about 1.67%, and it is now trading in the futures for today’s session at 33.763 levels. While the S&P 500 index recorded highs at the close at 4.224 levels, up by 58 points or 1.40%, and is now trading in futures at 4.212 levels, down by about two points. While the Nasdaq index recorded gains by (111 points), to close the session at 14,141 points, recording gains of about 0.79%, and it is now trading at 14.114 levels.
07/11/2024
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