Nasdaq Attracted Attention While S&P 500 Index Started Horizontal

Nasdaq Attracted Attention While S&P 500 Index Started Horizontal

• The S & P 500 started the new week horizontally after the fall on Friday. • On Monday, Amazon and Apple technology increased their shares. • Durable Consumer Goods Orders data from the USA could not increase sensitivity. After losing heavy losses last Friday, the S&P 500 Index (SPX) opened horizontally on Monday as traders continue to stay ahead of Wednesday's FOMC meeting and this week's quarterly earnings reports. The S&P 500 gained 0.2% on the day it was at 3.220. Data released by the US Census Bureau earlier in the day showed that Orders for Durable Goods rose 7.3% in June. Although it was a little better than the market's 7.2% expectation, it had little or no effect on market sentiment. Among the 11 major S&P 500 sectors, the Technology Index increased by 1.05% throughout the day and fueled the rally of technology-sensitive IXIC. Shares of Amazon.com INC (AMZN) and Apple Inc (AAPL) rose around 2.5% in early trading. On the other hand, the decline in Treasury bill returns continues to focus on financial shares. Currently, the Financial Index has fallen 1.5% as the worst performing main sector.