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Some records were set on the US stock exchanges as politicians struggle to increase the crisis package for Americans.
WITH EMOTION: There is both excitement and enthusiasm in a record Wall Street during the day.
ANGELA WEISS / AFP
Wall Street indices rose in early trading on Tuesday, setting new records during the trading day.
However, the major US stock exchanges ended me except at closing time this Tuesday:
- Dow Jones down 0.22 percent
- Nasdaq Composite down 0.38 percent
- S&P 500 down 0.22 percent
The price records are thus maintained at the close of Monday, while the new intraday records arrived the next day.
At its highest, the Dow Jones was above 30,588 points, before ending at 30,335, the index’s second-highest closing price, only beaten yesterday.
The other key indices also had a similar pattern.
Nasdaq Composite set a new intraday record with just over 12,973 points on Tuesday. On the same day, the S&P 500 rose above 3,756 points, which is the new high for the index on a trading day.
HIGHER: Apple shares have never been more valued than at the beginning of trading on the Nasdaq Composite Index on Tuesday.
Given Ruvic / REUTERS
Tea stocks keep rising
Among individual stocks, we see Apple plummet to a new higher price just after the stock market opened, at $ 138.78 per share. However, the price fell shortly after, and at the close of the stock market the stock closed with a fall of 1.33 percent to 134.87 dollars.
Intel pulled the Dow Jones index, which was up nearly 5 percent.
The increase comes after it emerged that hedge fund Third Point, which recently bought the company, is recommending a restructuring of Intel and the acquisition of computer chip companies, according to CNBC.
Otherwise, Boeing was up about two percent in early trading and finished just 0.07 percent when the stock market closed.
It comes after American Airlines said they will begin flying Boeing’s 737 Max jet on Tuesday morning US time. The planes have been on the ground since March 2019 after two fatal accidents.
It is not clear if the crisis package is growing
Also on Monday, Wall Street indices peaked in early trading. The increase came after Donald Trump signed a new crisis package from the crown on Monday night.
Late on Monday United States time, the House of Representatives voted to increase direct payments to Americans to $ 2,000. In the crisis package that Trump signed, there are payment plans of $ 600.
Republicans in the Senate have opposed the pay hike, even though Trump has wanted it, writes CNBC. The Senate must vote on the proposal.
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Triple record on Wall Street after Trump’s crisis package yes
Rise in the east and oil prices
The Oslo Stock Exchange rose throughout the day and closed at new highs. The European stock markets are also very positive in the afternoon hours.
Oil prices have risen 0.23 percent since midnight to $ 51.03 a barrel.
Nasdaq is up more than 40 percent on the year. There are low trading volumes.
