US stocks recorded a rise when they closed the opening session of the week on Tuesday after the weekend holiday Monday on the occasion of Independence Day in the United States of America, with the exception of the Nasdaq index, which tweeted alone, recording increases at the end of the session, while the S&P 500 index ended its series of gains that continued for seven consecutive sessions and recorded gains by more than from 2.5%. In terms of stock movement, Amazon’s stock rose by about 4.69% when it closed the session at 3.675 levels, with a market value of $1.854 trillion, after the US Department of Defense announced the cancellation of granting Microsoft a contract worth $ 10 billion for cloud computing and re-offering it to several companies, including Amazon, after two years The legal battles were fought by Amazon because it did not obtain the contract in 2019. The Dow Jones Industrial Average closed down by about (209) points at the close at 34.577 levels, a loss of about 0.60%, and is now trading in the futures for today’s session, Wednesday, at levels of 34,500, up by about 40 points. While the S&P 500 index recorded declines at the closing at 4.343 levels, down by about (8) points or 0.20%, and it is now trading in futures at 4.339 levels, up by about 5 points. While the Nasdaq index recorded gains by (24 points) to close the session at 14,663 points, recording gains of about 0.17%, and it is now trading at 14.815 levels, up by about 39 points.
25/12/2024
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