Dow Jones Earned More Than 100 Points; Apple and Amazon Follow It
Dow Jones index decreased by 7 percent; Apple and Amazon shares increased by about 2 percent compared to the previous week.
Dow Jones Earned More Than 100 Points; Apple and Amazon Follow It
Dow Jones index decreased by 7 percent; Apple and Amazon shares increased by about 2 percent compared to the previous week.
Today, while Dow Jones Industry Index provides moderate gains; S&P 500 and Nasdaq indices also increased. Nasdaq and S&P indices gained despite all the fluctuations experienced in 2020.
Despite the fluctuating trade in the past weeks, the S&P 500 index has been showing an upward trend since April 2. The Dow Jones index rose 0.4 percent on Monday; S&P 500 index increased by 0.7 percent. The technology-intensive Nasdaq index also showed positive performance, rising by 1.7 percent.
According to preliminary data, transaction volume increased on Friday in NYSE, while transaction volume increased on closing in Nasdaq index.
The coronavirus (Covid-19) Phase 3 vaccine trial by the vaccine manufacturer Moderna (MRNA) has led to a 9 percent higher closing of its shares. Thus, the stock made a big jump compared to the 50-day average on Friday.
Regarding coronavirus news; Saying that Republicans have completed the coronavirus aid legislation, US Treasury Secretary Steven Mnuchin said they want to promote the legislation today. In addition to the incentive payment worth approximately $ 1 trillion and $ 1,200; It also includes the deferred debts.
When the growth shares are analyzed, Innovator IBD 50 ETF (FFTY) shares leaded on Monday; it was seen that it performed approximately 2.4 percent higher transactions. Looking at the growth chart, the ETF seems to be going from a glass base with a handle and a 35.14 point of purchase to a 5 percent purchasing area.
Today in the Dow Jones Index
17 of the 30 shares of the Dow Jones index were higher on Monday; 13 of them made lower transactions. Boeing (BA), JPMorgan Chase (JPM) and Travelers (TRV) indices fell 2 percent, 1.4 percent and 1.4 percent, respectively. Additionally, Dow (DOW), Merck (MRK) and Apple shares were the most rising, with 3.3 percent, 2.4 percent and 2.4 percent increases.
Apple shares, on the other hand, rose ahead of gains on Thursday after the market close. Technology giant Dow, on the other hand, rose on Friday after its 50-day fluctuation. In the graphic view, the stock remains positively extended from the 288.85 'stemmed glass' point of purchase.
According to the IBD Leaderboard, Dow Jones stock ranked second with a 29 percent increase at the close of Monday. According to the report on Thursday, analysts said that according to IBD data, Apple's 7 percent annual EPS fall; He predicts the decline decline by 4 percent. So much so, JPMorgan had raised its price target at Apple from 365 to 425 on Monday.
Stocks to Monitor: Gold Shares are on the Move
Today, on the Investors.com homepage, many gold stocks came forward, including AngloGold Ashanti (AU), Kirkland Lake Gold (KL), Wheaton Precious Metals (WPM) and Barrick Gold (GOLD) shares. Featured gold shares are 10 percent, respectively; increased by 5 percent, 4.9 percent and 5.2 percent.
Record-breaking gold prices on Monday were traded at around $ 2,000 per Ounce. Investors invested in gold that they saw as a safe haven due to low interest rates and weakening of the US dollar.
Finally, Amazon stock increased by about 2 percent on Monday. According to IBD data, the company's annual earnings report on Thursday decreased by 73 percent in EPS; 28 percent increase in sales is foreseen.
According to analysts, revenue will reach $ 81.22 billion with EPS $ 1.42 per share. As it is known, the Leadership Table was expanded after the 'cup base' which broke in April. According to the Leaderboard analysis, "There will be a heavy trading volume for a few days, but there is no sales signal in sight."