Major US stock indices increased significantly on Monday, and recorded a second sessional increase in a row, mainly due to the growth in shares of the basic resources sector and the consumer goods sector.
Important statistical data that could have an impact on the mood of market participants, was not published. Investors are looking forward to the statistics on the consumer price index and retail sales, which will be released on Wednesday, as well as data on producer prices, which will come out on Thursday, and may affect the yield of bonds and movements in the stock market.
Oil prices rose slightly, as the weaker dollar prompted investors to buy oil futures, making them relatively cheap for holders of other currencies. The US dollar index, which shows the ratio of the dollar to the basket of 6 major currencies, is traded with a decrease of 0.32%, to 90.15.
Almost all components of the DOW index recorded a rise (28 out of 30). The leader of growth was the shares of Apple Inc. (AAPL, + 3.98%). Outsider were shares of General Electric Company (GE, -0.87%).
All sectors of S & P completed the auction in positive territory. The sector of basic materials grew most (+ 1.8%).
At closing:
Dow + 1.70% 24.601.27 +410.37
Nasdaq + 1.56% 6,981.96 +107.47
S & P + 1.39% 2,656.00 +36.45