US stocks ended the second session of the week and the first session of this year is positive on Wall Street
NEW YORK (Reuters) - US stocks ended the second trading session of the week after a tumble in trading on Tuesday due to a year-long green holiday following losses in the early trading session as tech stocks led the energy sector to rally on Wall Street before we saw a cut. Apple's forecast for fourth-quarter earnings after the session lengthened this as a result of weak sales in China.
Otherwise, we followed the US economy's final reading of Markit Industrial PMI, which showed a contraction of 53.8 from the previous December reading and 53.9 versus 55.3 in November. With the partial closure of the US government in the second consecutive week.
We would like to point out that US President Donald Trump confirmed earlier today that he will not relinquish the need to agree to finance his country's border wall with Mexico to stem the flow of illegal immigration of the United States, while expressing his willingness to reach an agreement with Democrats in Congress to end the partial closure of the US government provided That the agreement includes the funding of the border wall, adding that it is vital for his administration for security reasons.
The Dow Jones Industrial Average ended the session up 0.08% or 18.78 points at 23,346.24 points. The S & P 500 rose 0.13% or 3.18 points to close at 2,4510.03 points, while the Nasdaq Composite Index By 0.46%, or about 30.66 to close at levels of 6,665.94 points.
In contrast, gold futures for February delivery rose 0.12% to currently trade at $ 1,286.50, its highest since June 15 compared to the opening at $ 1,285.00 an ounce, while the US dollar index rose 0.54% to 96.66 points. Its highest since 26 since last December compared to the opening at 96.14.
On the other hand, Nymex crude futures for February delivery fell 1.16% to trade at $ 46.33 a barrel, the highest since January 19 compared to the opening at $ 45.80 a barrel. Oil prices also rose, March 15, 1.00% to trade at $ 54.79 a barrel, the highest since December 20 compared to the opening price of $ 54.25 per barrel.