The three major US stock indexes recorded gains when they closed the opening session of the week yesterday, Monday, March 28th, as the NASDAQ index, which specializes in the technology sector, rose by more than 1.30% at the close, while the Dow Jones and S&P 500 indices rose for the third consecutive session.
Optimism from Ukraine-Russia ceasefire talks supported market sentiment as markets focused on developments in Russia’s invasion of Ukraine since the weekend, with some sources stating that Russia may be willing to accept lower terms in ceasefire talks such as allowing Ukraine to join the European Union if it remains unbiased.
militarily. The markets are awaiting the resumption of talks between the Russian and Ukrainian parties today, Tuesday, in Turkey, to discuss the terms of a ceasefire.
In terms of stock movement, the Tesla car company’s stock rose by about 8% at closing at $1091 levels, after the company revealed plans to obtain permission from shareholders to split the shares again.
The Dow Jones Industrial Average closed up by about (94) points at the close at 34.955 levels, with gains of about 0.27%, and is now trading in the futures for today’s session, Tuesday, at 34.875 levels, up by about 22 points.
While the S&P 500 index recorded highs at the close at 4.575 levels, an increase of about (32) points or 0.71%, and it is now trading in the futures at 4.569 levels, an increase of about 5 points.
The Nasdaq index recorded gains by (185 points), to close the session at 14,354 points, recording a profit of about 1.31%, and it is now trading in the futures, down by about 14 points.
05/11/2024
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