Major US stock indices have grown significantly, while the S & P 500 and DJIA have updated record levels against the background of the restoration of shares of technology companies.
The S & P index for technology companies. SPLRCT rebounded after a recession caused by concerns over exaggerated valuations, which led investors to switch to other sectors. Shares of technology companies were the engine of growth in the S & P 500 index this year, which jumped by almost 9.6%.
Oil prices fell, suffering from the overall strengthening of the dollar. In addition, investors are trying to understand whether there is a potential for further price reductions.
Investors are also waiting for the start of the first meeting of the American Technological Council, President Trump, scheduled for today. Representatives of companies such as Apple (AAPL), Amazon (AMZN), Alphabet (GOOG), Cisco (CSCO), Oracle (ORCL) and Microsoft (MSFT) are expected to attend. The purpose of the meeting is to help the government "transform and modernize" its technological infrastructure.
Most components of the DOW index recorded a rise (21 out of 30). Leader of growth were shares of Apple Inc. (AAPL, + 2.83%). Exxon Mobil Corporation shares fell the most (XOM, -1.04%).
Most sectors of the S & P index closed in positive territory. The leader of growth was the healthcare sector (+ 1.2%). The conglomerate sector fell most of all (-0.6%).
DJIA + 0.66% 21.525.01 +140.73
Nasdaq + 1.42% 6,239.01 +87.25
S & P + 0.83% 2,453.25 +20.10
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