NY Easing interest rate fears and the recession are further driving prices on Wall Street. Ahead of an avalanche of corporate balance sheets, the Dow Jones Standard Index closed up 0.8 percent at 33,629 points on Monday. the broad S&P 500 index rose 1.2 percent to 4,019 points. The technology-heavy Nasdaq rose 2.0 percent to 11,364 points, repeating gains on Friday, the best trading day since late November.

Tech stocks were in particularly high demand on both sides of the Atlantic. “The current wave of layoffs remains a constant problem in the technology sector,” said Konstantin Oldenburger, a market analyst at brokerage CMC Markets. After Microsoft, Amazon and the Google-Mother alphabet followed by music streaming service Spotify with the announcement that he wants to lay off about six percent of his workforce. The news was welcomed by the stock market: Spotify-Stocks rose two percent.

keep reading now

Get access to this and all other articles in the

Web and in our free app for 4 weeks.

Continue

keep reading now

Get access to this and all other articles in the

Web and in our free app for 4 weeks.

Continue

NBA
NBA
NBA
NBA
NBA
NBA
NBA
NBA
NBA
NBA
NBA
NBA
NBA
NBA
NBA
NBA
NBA
NBA
NBA
NBA
NBA
NBA
NBA
NBA
NBA
NBA
NBA
NBA
NBA
NBA
NBA
NBA
NBA
NBA
NBA
NBA
NBA
NBA
NBA
NBA
NBA
NBA
NBA
NBA
NBA
NBA
NBA
NBA
NBA
NBA
NBA
NBA
NBA
NBA
NBA

By yjawq

Leave a Reply

Your email address will not be published. Required fields are marked *