The key American stock indexes were growing on Friday except for Nasdaq hovering around zero
However, banks (Federal Reserve released results of stress tests) and real economy (approval of Biden’s infrastructure plan) were in focus rather than technologies.
Movements in American stock prices were small and divergent during Monday trading session
The market was evaluating statements by U.S. Treasury Secretary Janet Yellen. In addition, the main intrigue was related with anticipation of data on May consumer price movements.
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.