Monday, August 15, 2016

New records on Wall Street – Västerbotten Courier

All three major stock exchanges in the United States set new course record on Monday. In recent weeks, the rise continued, bolstered by rising oil prices that favor the energy sector.

A weak dollar also put a ride on the commodity markets. Even positive reports from retail companies have contributed to the rise.

It was the second time in less than a week as Wall Street reached record levels. Thursday was the first time in 16 years that it took place.

Among the winners were, among others, the internet company Twitter, whose share increased by 6.8 percent since the New York Times reported that the company for talks on cooperation with Apple TV.

Both the Dow Jones industrial index and the S & amp; P 500 rose 0.3 percent, while the Nasdaq composite index rose 0.6 percent.

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