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Stock prices on Wall Street are rising as investors wait for interest rate hikes

Shares rose on Wall Street Monday as investors awaited another rate hike this week ASV Federal Reserve System (FRS). On the European stock exchanges, stock prices have changed without a common trend.

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Wall Street the indices fluctuated between small highs and lows throughout the day, until the active buying of stocks in the last hour of the trading session ensured that the indices rose.

Shares in technology companies, retailers, banks and industrial companies have helped fuel the rise of Wall Street. The price of the shares “Apple” increased by 2.5%, the price of the shares “Home Depot” – by 1.6%, the price of the shares “Bank of America” ​​- by 1.7 % and the share price “United Airlines” rose by 3, 3%.

Healthcare and real estate stocks fell, tempering Wall Street gains. The price of the “Pfizer” shares fell by 1.3% and the price of the “Welltower” shares by 2.2%.

Trading volume on Wall Street was lighter than usual as most traders did not risk major moves prior to the announcement of the FRS interest rate policy on Wednesday afternoon. “Nobody really wants to position themselves first,” said Scott Ladner, chief investment officer of Horizon Investments.

The US stock index “Dow Jones Industrial Average” rose 0.64% to 31,019.68 points on Monday, the “Standard & Poor’s 500” index rose 0.69% to 3,899.89 points and the index “Nasdaq Composite “rose 0.76% to 11,535.02 points.

London’s FTSE 100 was unchanged on Monday as Britain observed a day of mourning for Queen Elizabeth II’s funeral, Frankfurt’s DAX 30 rose 0.5% to 12,803.24, and Paris’s CAC 40 was dropped by 0.3% to 6061.59 points.

from New York In electronic trading on the stock exchange, the price of WTI crude oil fell 0.5% on Monday to US $ 84.30 a barrel. The price of “Brent” crude on the London Stock Exchange fell by 0.5% to $ 90.87 a barrel.

The euro fell from $ 1.0018 to $ 1,0008 per euro on Monday, the British pound fell from $ 1.1423 to $ 1.1403 per pound, and the dollar rose against the Japanese yen from 142.91 to 143.26 yen per dollar. The euro rose against the British pound from 87.00 to 87.76 pence per euro.

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