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At the local level, the Santiago Stock Exchange did not join the dance of recovery, since the IPSA, an index that brings together the main local stocks, lost 1.42%
Technology stocks once again said present on Wall Street, cutting one with this three consecutive days of falls and that they left in that period to Nasdaq with a 10% correction.
The big “Tech” titles like Tesla or Apple loaded the backpack of the day and closed with strong increases. In the case of shares in the automaker linked to Elon Musk, the increase was 10%, recovering part of the 20% lost on Tuesday. In the case of the apple company, the increase reached 4%.
With this, the Dow Jones ended the day with a rise of 1.60% and the S&P 500 with a rise of 2.01%. In the case of Nasdaq, the rise reached 2.71%, It is also the largest rise in the index since late April.
In the market, they indicate that the rebound may be a sign that the latest falls show that the shares have reached a “more normal” point, so they are already talking about “a healthier market” after the strong rises they had registered. in recent months.
“The market was running so fast that it seemed very reasonable to pause, catch your breath, and decide what you want to do. That’s where we are today,” Lawrence Creatura, portfolio manager at PRSPCTV Capital LLC, told Bloomberg.
Hikes in Europe was given despite the fact that the path to finding a vaccine against the coronavirus had a setback when Pharmaceutical AstraZeneca discontinued its clinical trial, as one of the participants suffered “an unexplained illness.”
He German Dax rose 2.07% and English Ftse 100 rose 1.39%. Another of the main indicators of the old continent such as the French Cac jumped 1.40%.
At the local level, the Santiago Stock Exchange did not join the dance of recovery, since the IPSA, index that brings together the main local stocks, lost 1.42% on the day. The main falls came from Sonda (-4.01%), Falabella (-3.93%) and ILC (-3.90%).
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