The price of WTI crude oil supplies in June fell to $63.75.
Key indexes on the New York Stock Exchange rose 0.8 – 1.2% after a sharp drop of 2-2.5% a day earlier.
According to data posted on the website of the trading platform, the Dow Jones industrial average rose by 433.79 points (1.29%) and stopped at 34,021.45 points. The S&P 500 gained 49.46 points (1.22%) and was at 4,112.50 points. The Nasdaq electronic exchange index rose 107.51 points (0.83%) to 13,109.15 points.
According to experts, after the positive dynamics that began to manifest itself from the beginning of the trading session against the background of the publication of data on the improvement in the labor market in the United States, many investors again turned their attention to the shares of technology companies, whose quotes have been declining since the beginning of the week: on Thursday, Facebook shares rose by 0.7%, the American Alphabet corporation gained 1.3% during the trading session. “The market sell-off is a good time to buy technology stocks: for many investors, it’s an opportunity to buy something expensive at a small discount,” Salman Baig, who is responsible for investing at Unigestion, was quoted as saying by The Wall Street Journal. By 16: 15 US East Coast time, the price of WTI crude oil supplies in June fell by $1.97 (3.00%), to $63.75.