Stock prices in the US and Europe rose on Wednesday, September 2, as investors ignored weak US economic data on optimism about COVID-19 therapy and vaccines.
Wall Street indices Standard & Poor’s 500 a Nasdaq Composite rose to new records and index Nasdaq Composite rose above the 12,000 mark for the first time.
US stock prices rose due to investors’ “fear of missing” further increases in the conditions of investor optimism.
In Europe, the London, Paris and Frankfurt stock exchange indices rose by more than 1%.
«Global stock [cenas] have grown after a steady improvement in mood on Wall Street and elsewhere in recent weeks, with a reduction in COVID-19 mortality, a slowdown in the number of new cases in the United States and hopes that an effective vaccine will soon be approved, “said ThinkMarkets analyst Fawad Razaqzada.
“Meanwhile, improving manufacturing activity in China, the United States and the eurozone has boosted expectations that [ekonomikas] recovery. “
US Stock Exchange Index Dow Jones Industrial Average on Wednesday rose 1.6% to 29,100.50 points, the index Standard & Poor’s 500 rose 1.5% to 3580.84 points, but the index Nasdaq Composite increased by 1.0% to 12,056.44 points.
The London Stock Exchange index FTSE 100 rose 1.4% to 5940.95 points on Wednesday, the Frankfurt stock exchange index DAX 30 rose 2.1% to 13,243.43 points, while the Paris stock exchange index CAC 40 rose 1.9% to 5031 , 74 points.
In the e-commerce of the New York Stock Exchange, the price of WTI crude oil fell by 2.9% on September 2 to USD 41.51 per barrel. Brent The price of crude oil on the London Stock Exchange fell by 2.5% to $ 44.43 per barrel.
The euro fell against the US dollar from 1.1912 to 1.1857 dollars per euro on Wednesday, the British pound against the US dollar fell from 1.3384 to 1.3349 dollars per pound, and the US dollar against the Japanese yen rose from 105.96 to 106.16 yen per dollar. The value of the euro against the British pound fell from 89.00 to 88.78 pence per euro.
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