sobota, 8 lipca 2023

A very successful six-month period for the world stock exchanges

Friday's session on Wall Street ended with increases in the main indices. Investors focused on macro data from the US economy, including the PCE deflator, which is considered a favorite indicator for Fed members. Once again, the growth leaders during Friday's session were tech companies.

The Dow Jones Industrial closed up 0.84%. and amounted to 34,407.60 points.

The S&P 500 ended the day up 1.23%. and amounted to 4,450.38 points.

The Nasdaq Composite rose 1.45 percent. and closed the session at 13,787.92 points. The index had its best first half of the year in four decades.

The growth leaders during Friday's session were tech companies that pushed US stock markets up throughout the very successful first half of 2023.

After a few percent have gained, among others Nvidia, Meta Platforms, Netflix, Microsoft, Amazon. Apple gained 2.3 percent. and exceeded USD 3 trillion in capitalization.

All three major U.S. stock indices gained more than 2 percent in the past week.

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