The main American indices recorded a mixed performance when they opened today’s session, Thursday, September 16th, as the Dow Jones index rose by about 50 points and is trading at 34.865 levels, while the S&P 500 index is trading at 4.476 levels, down by about 0.10%, and the Nasdaq, in turn, is declining by about 0.30 and is trading at 15.115 levels.
The data released by the US economy showed an improvement in August after it announced an unexpected increase in retail sales in August to 0.7%, and manufacturing activity in the Philadelphia region continued to expand in September, according to the index, which rose by 11 points to 30.7.
In terms of stock movement, Apple’s stock is trading among the most active, with declines of about 0.85%, and trading at levels of $147.80, while Bank of America share is leading the gains of the banking sector, trading at 40.56 levels, up by 1.05%.
At a time when most investors and financial institutions expect declines in the US stock market before the end of the year, the investment bank JP Morgan violates the markets in its latest forecast issued today, Thursday, and expects the S&P 500 index to rise to 4700 levels by the end of this year and reach the 5 thousand levels. Next year.
06/11/2024
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