Banks and industriefondsen were in demand, but the technology sector was under pressure
The leading Dow jones index ended up 1.2 percent in the plus on 18.807,88 points, the highest slotstand ever. The previous record was achieved on 15 August of this year. The broader S&P 500 rose 0.2 percent to 2167,48 points. The technologiegraadmeter Nasdaq was, however, 0.8 percent down, to 5208,80 points.
as expected, primarily banks, pharmaceutical companies and industrial companies over the next four years to rely on a flexible policy, with lower taxes, fewer rules and hefty investment.
Technology
The technology sector on the other hand might be the last can get from trade barriers that Trump wants to raise for particularly in China.
The banks JPMorgan Chase and Goldman Sachs were the strongest risers in the Dow with gains of 4.6 and 4.3 per cent. Farmacieconcern Pfizer also won 4.3 percent, while manufacturer Caterpillar and the industriereuzen General Electric and United Technologies gains booked from 2.5 to 3.4 percent.
The highly export-oriented consumentenbedrijven Procter & Gamble and Coca-Cola dangled at the bottom of the Dow with losses of 3.5 and 3.2 percent. For the technologieconcerns Apple and Microsoft were losing out on up to 2.8 and 2.4 per cent. Outside of the Dow delivered a Google-mother Alphabet of 2.9 percent.
Fashion
Investors, like the quarterly results of, among others, fashion company Ralph Lauren. Who were rewarded with a gain of 4 percent. Winkelconcern Macy’s was 5.6 percent, also after better than expected quarterly results. Professional Kohl’s was more than 11 percent more valuable.
The price of a barrel of U.s. oil fell 2.1 percent to 44,34 dollar. Brentolie was 1.6 per cent cheaper and brought a barrel 45,61 dollar. The euro was 1,0885 dollars, against 1,0875 dollar at the close of the European stock markets earlier in the day.
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