Indexes in New York rose on expectations of positive reporting for the third quarter

In particular, the Dow Jones index rose to 28 692,60.

Key indexes on the New York stock exchange rose on Monday on expectations of companies’ positive financial statements for the third quarter.

According to the information posted on the trading platform’s website, the Dow Jones industrial average rose by 105.70 points (0.37%) to 28 692,60. The S&P 500 index, which includes the 500 largest US companies, rose 23.83 points (0.68%) to 3 501,22. The Nasdaq electronic exchange index rose 151.35 points (1.31%) to 11 731,29.

Apple shares were up 1.74% at the beginning of the session, Alphabet – 1.82%, Microsoft – 2.48%. The price of November futures for WTI crude oil fell by 1.43% to 40.02 dollars per barrel. Gold futures rose 0.11% to $ 1 928,30 a Troy ounce.

As noted by The Wall Street Journal, the positive dynamics at the beginning of the session indicates that the market rally that began last week will continue. “This week, the main attention of market participants will be attracted by data on financial statements for the third quarter,” the newspaper writes. “They expect that the reporting data will confirm that the companies were able to overcome the difficulties encountered during the pandemic.”

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Author: Steve Cowan
Graduated From Princeton University. He has been at the Free Press since October 2014. Previously worked as a regional entertainment editor.
Function: Chief-Editor
Steve Cowan

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