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Dow posts fourth straight winnning day as banking sector rises

  • Regular
  • US Market
  • 1 month ago
  • 13

Wall Street saw moderate movement during Monday’s session as investors await on fresh stimulus moves expected later in the week by the world’s central banks.

The DJIA rose by 0.2%, falling short of 2.1% of its record high set in July and marking its fourth consecutive win, meanwhile the S&P 500 remained unchanged closing at 2,978.43 points.

The Nasdaq fell off the pace, shedding 0.2% and the smaller cap index the Russell 2000 added 1.3%.

Caterpillar shares rose by 3.7% while Alphabet and Microsoft saw losses of 0.1% and 1.1% respectively.

AT&T shares rose by 1.5% and the banking sector saw some significant gains as J.P. Morgan added 2.5%, Citigroup rose by 4.3% and Bank of America gained 3.3%

 

 

Source: Smart Trend Team