Wall Street started June in green
This Tuesday, Wall Street opened in green. The Dow Jones, its main indicator, rose by 0.47% in a promising start and awaiting data on manufacturing activity in the US.
Half an hour after the beginning of operations on the New York Stock Exchange, the Dow Jones added 161.83 points to 34,691.28. The selective S&P 500 increased by 0.38% or 15.80 units, to 4,219.91.
The Nasdaq composite index, which combines the main technology companies, increased by 0.34% or 47.39 integers, to 13,796.13.
Wall Street returned with renewed energy from the long weekend. The stock market was closed yesterday for the Memorial Day holiday in the US. It opened the month of June, approaching heights never seen before.
In May, the Dow Jones and the S&P 500 posted accumulated gains for the fourth consecutive month. Meanwhile, the Nasdaq closed a hot streak that lasted for half a year and dropped slightly.
Chevron shot up by 3.10%
Investors were optimistic about the advance of vaccinations in the US. More than 60% of adults have already received a dose. Infected cases dropped to March 2020 levels.
In the group of the 30 listed on the Dow Jones, the biggest rebound was for Chevron, which shot up by 3.10%. On the other hand, Boeing gained 2.85%, and Goldman Sachs expanded by 1.94%. The most affected were Salesforce, with a dip of 1.94%, and Johnson & Johnson, which sank by 1.13%.
The technological Cloudera surged by 24% after announcing that it will foreseeably go public in the second half of the year after acquiring two venture capital funds.
By sectors, the substantial progress of energy companies stood out, coinciding with the rise in oil prices.
Those of basic materials (1.07%) and the financial sector (0.85%) also rose. Meanwhile, only health (-0.85%) and public services (-0.2%) were red.