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US stocks rose at the opening session and Tesla was among the most active
image 25 May، 2021
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American stocks recorded gains when they closed the trading session yesterday, Monday, May 24, the opening session of the week, supported by a high state of optimism in the markets about the ability of the US economy to recover from the repercussions of the Corona virus at a faster rate than previous expectations and ignoring concerns about accelerating inflation rates. The comments of members of the US Federal Reserve on the acceleration of inflation rates helped to calm fears, as officials at the bank (Brainard – Post – Pollard) reiterated during the session on Monday that they expect price pressure, but it will be temporary and not permanent, as inflation has become the main focus of investors and the focus has shifted towards the Federal Reserve and the extent of its response. For higher prices. Meanwhile, the United States of America recorded the lowest level of infection with the Corona virus since June of last year, as the average infection with the virus in the last seven days reached 26 thousand cases yesterday, Monday. Apple’s share rose during the opening session by about 1.33 percent at closing at levels of $ 127.10, while the electric car company Tesla recorded gains of about 4.4 percent to be among the most active, closing at levels of $ 606. The Dow Jones Industrial Average closed up about 186 points at the close at 34.393 levels, with gains of about 0.54%, and is now trading in the futures for Tuesday’s session at 34.433 levels, an increase of about 81 points. While the S&P index (S & P500) recorded gains at the close at 4.197 levels, up about (41) points, or 0.41%, and is now trading in futures at 4.206 levels, up about 12 points. While the Nasdaq index (Nasdaq) recorded gains by (190 points), to close the session at 13.661 points, recording gains of about 1.41%, and is now trading at 13.708 levels, up about 72 points.

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