The day before, U.S. President Joe Biden approved a new stimulus package, and investors were securing recent days’ profits for most positions.
As at 7:15 p.m. (MSK), S&P500 index lost about 0.4%, Dow Jones, in contrast, grew by 0.5%, and NASDAQ technology index dropped 1.5%.
Feeble labor market data has brought hope Federal Reserve will put tightening its monetary policy on hold. That said, quite logically, technologies were among the day’s leaders.
ПодробнееAt the moment, as holidays approach, the investors are mostly building up positions in technologies stocks rather than locking in profits.
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