Rises on Wall Street: Dow Jones and S&P 500 climb to new highs

Trade overview: current reports, trends, indices, stock prices, bonds, foreign exchange and commodities and analyst recommendations

21:30

The gains on Wall Street are getting stronger: S&P 500 adds 0.6%, Dow Jones strengthens by 0.8% and Nasdaq rises by 0.2%.

Tesla The pharma giant continues to climb and is now up 9.4% Eli Lilly jumps by 5.5% andExpedia jumps by 4.9%.

20:40

Trading on Wall Street is going up: Dow Jones climbs by 0.6%, S&P 500 adds 0.5% and Nasdaq rises by 0.2%.

The Dow Jones and the S&P 500 climb to new highs: the S&P 500 crossed the 6,000-point mark for the first time, and the Dow Jones crossed the 44,000-point mark. Both indexes close their best week this year.

Pinterest Drops by 16.5% after publishing a disappointing forecast for the fourth quarter.

18:45

On Wall Street, the Dow Jones added 0.6%, the S&P 500 rose 0.3% and the Nasdaq remained essentially unchanged.

The Dow Jones index reached 44,000 points for the first time during trading, and is expected to close tonight with its best week since November 2023. The index now stands at 43,950 points.

European stock markets closed with price drops: Dax weakened by 0.8%, FTSE retreated by 0.9% and KAC lost 1.2%. The Eurostox index fell by 1%.

17:40

With the victory of Donald Trump in the presidential elections in the background, Tesla Jumps by more than 6% – which brings the electric car maker’s market value very close to a trillion dollars. During the last week, the company’s stock jumped by about 30%.

Musk, who supported Trump throughout his campaign, may reap the rewards soon – a sympathetic administration may help Tesla further strengthen its grip and become a near monopoly in the electric vehicle market, which is expected to grow in the coming years.

17:30

Trading on Wall Street moved to a mixed trend: Dow Jones added 0.4%, S&P 500 rose 0.3% and Nasdaq weakened by 0.1%.

In the US bond sector, the 10-year bond yield drops by 7 points to 4.27%. The two-year bond yield drops by 2 points to 4.20%.

In Europe, trade is stable.

16:30

Trading on Wall Street opened with slight gains: the Dow Jones added 0.3%, the S&P 500 rose 0.1% and the Nasdaq remained essentially unchanged.

stock solaredge continues to fall, and is now weaker by 4% – in the last five days the stock has fallen by about 23%.

Airbnb Drops by 8.7% after publishing reports for the third quarter. The company’s revenues exceeded analysts’ expectations, but the earnings per share were low compared to their estimates.

At the same time, the leading indices in Europe continue to fall: DAX weakened by 0.9%, POTSI by 0.8% and KAC by 1.1%.

15:40

Dax weakens by 0.8%, Putsy loses 0.6% and Kac drops by 0.9%. In the pan-European Eurostatox index, decreases of 0.9% are recorded.

Deutsche Bank losing 2.3%, BMW Drops by 3.8% and the French luxury brands corporation Kring Drops by 7.5%.

The preliminary trade on the US indices is conducted in a mixed trend, with the contracts on the Nasdaq losing 0.3%.

14:19

Trading in Europe continues to fall: the DAX index falls by about 0.6%, the FTSE falls by 0.7% and the KAC retreats by 0.5%.

In the commodities market, oil prices are registering declines: American-type oil is down by about 1.2% and the price of a barrel stands at about $71.46; Brent oil drops by 0.9% and the price of a barrel stands at $74.8.

13:15

Negative trend in Europe: the DAX falls by 1%, the KAC retreats by about 0.99% and the FTSE falls by 0.9%.

The declines in Europe are taking place against the background of the political upheaval in Germany, after Chancellor Olaf Schulz fired Finance Minister Christian Linder last Wednesday and appointed his replacement on Thursday, and against the background of Donald Trump’s historic victory in this week’s elections.

The stock of British Airways’ parent company, IAG International Consolidated Airlines increased by 6% following financial results that pleasantly surprised the market. The company reported an increase in operating profitability in the third quarter, which contributed to the stock’s performance and drove the increase. The company announced that it expects its strong financial performance to continue in the coming months. The stock reached its highest level since March 2020.

Trading in the futures contracts on US stock market indices is conducted with slight price decreases.

11:40

The trading day in Europe is hourly in a negative trend. The DAX falls by 0.4%, the FTSE lowers its value by about 0.5% and the French CAC falls by 0.6%. Futures in the US are trading in a positive trend.

Trading in Asia closed in a mixed trend. The Hang Seng fell by 1.1% and the Kospi weakened by about 0.1%. And the Shanghai lost 0.5%, the Nikkei added 0.3%.

Shares of the Japanese car manufacturer Nissan fell 6% in Tokyo trading. This after the company published disappointing reports, stating that it would reduce its global production capacity by 20%. The company also announced layoffs of approximately 9,000 employees. In its results for the second quarter that ended in September, Nissan recorded a net loss of 9.3 billion yen (approximately $62 million), compared to a net profit of 190.7 billion yen in the corresponding period last year. Operating profit fell by almost 85% and revenues fell by 5%.

08:00

The trading day in Asia is hourly in a mixed trend. The Nikkei is up 0.34%, the Shanghai Stock Exchange is up 0.1%, the Hang Seng is down 0.3% and the Kospi is down 0.04%.

Futures in the US are trading in a mixed trend.

Last night, trading on Wall Street was not affected by the published interest rate decision. The Fed announced an interest rate cut of 0.25% to 4.75%.

Yesterday’s interest rate cut came after the sharp interest rate cut (0.5%) in September, which was the first since March 2020. It was preceded by an 11-year wave of interest rate increases that began in March 2022 and was the sharpest and fastest in history – from a level of 0% to 5.25%-5.5% set in July 2023, the level The highest in the US in 23 years. But last August, Bank Chairman Jerome Powell announced a change in monetary direction when he said during the governors’ conference in Jackson Hole that “it is time to reexamine monetary policy”, as he did in September and as he did today.

Following the S&P 500’s sharpest ever jump on Wednesday after the US election, yesterday the indices also broke new records. The Nasdaq rose 1.7%, the Dow Jones by 0.2 and the S&P 500 by 0.8%.

after 25 years, Intel Say goodbye to the Dow Jones index today, which you will enter for the first time Nvidia .

Trump Media and Technology Group shares of the parent company of Donald Trump’s social media platform, Truth Social, fell sharply last night after rising 6% following Trump’s election victory.

In the commodity market, oil prices are down this morning (Friday) by about 0.4%. The price of a Brent barrel trades around 75.3 dollars and the price of a WTI barrel stands at 71.9 dollars.

In the US debt market, government bond yields are trading unchanged.

Bitcoin is climbing by about 1.89% and its price is about $76,175.

Oil prices are slightly lower this morning: the price of a barrel of American type oil is about $71.5 and the price of Brent oil is about $74.9.