Wall Street stock indexes continued to rise on Monday. The momentum has clearly waned since last week, when the presidential election was clearly decided For Donald Trump.
The closing price of the S&P 500 stock index, which broadly tracks large US companies, was above 6,000 points for the first time, ending at 6,001.4 points.
The S&P 500 and the technology-focused Nasdaq each rose 0.1 percent.
Big tech stocks like Apple, Microsoft and Amazon fell, holding back both the S&P 500 and the Nasdaq.
The large company index Dow Jones rose 0.7 percent to 44,293 points, surpassing the landmark 44,000 points.
Dow Jones got a boost from big banks like JPMorgan Chasen and Goldman Sachs rate increase.
Trump’s victory has also caused the prices of cryptocurrencies to rise. Bitcoin hurt above $87,000. Cryptocurrency company Coinbasen the stock rose more than 20 percent.
Electric car company Tesla’s the share price rose by more than seven percent.
Source: www.arvopaperi.fi
