The Dow Jones closed the session on Monday with a yield of 0.44% to 34,283.27 points, not keeping up with the growth of its main competitors.
Standard & Poor’s 500 added 0.23% to 4,290.61 points, which was a record close. In intraday trading, it hit a record 4,292.14 points, driven largely by renewed confidence in the country’s economic recovery and financial stimulus.
For its part, the tech Nasdaq Composite climbed 0.98% to 14,500.51 points after setting a record of 14,505.19 points during the session.
The Nasdaq and S&P 500 executives have been listed as Microsoft, Apple and Nvidia as technology-related listed companies continue to gain traction at a time when interest rates remain low.
Facebook saw growth after a US court ruled in favor of the company led by Mark Zuckerburg in a lawsuit filed by the US Federal Trade Commission (FTC) over an antitrust lawsuit. The judge dismissed the FTC’s actions and ruled that the amended complaint must be filed by July 29.
Result: The owner of the popular social networking site accelerated its growth, and its market capitalization exceeded $ 1 billion. Facebook added 4.18% to $ 355.64 with a market cap of $ 1.1 billion.
Cyclical sectors have stood out on the downside due to concerns over strong increases in COVID-19 cases in Asia. The financial, energy and aviation segments fell 0.9-3.3%.
“We are approaching the end of the quarter and investors may want to capitalize on capital gains and ditch energy to stay in the technology that has been winning,” Sam Stovall, strategist at CFRA Research, told Reuters.
Investors are eagerly awaiting the release of labor market data for June, which will become known as early as next Friday.
