Monday , July 26 2021

The Hope Agreement for China Raises Wall Street – News

By the end of the day, prices fell, which, according to analysts, says the market is still waiting for specific signs of a retaliatory war of war. Nevertheless, leading indices closed the plus, and customs sensitive technology and industrial supplies led to a rise.

The semiconductor sector belongs to the winners due to the large exposure to China. The semiconductor index in Philadelphia rose 1.0%.

The Caterpillar machinery maker increased 2.2% and the Boeing aircraft manufacturer by 0.7%.

General Electric contributed to the rise after announcing that the group sold its Danaher unit for $ 21.4 billion. The share closed plus 6.3%, as it was over 9% earlier in the day.

The Dow Jones Industrial Index grew by 0.2%, the Nasdaq composite index rose 0.4% and the S & P500 rose 0.1%.

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