empty
17.11.2021 03:53 PM
Major US indices increase again

This image is no longer relevant

The major US indices showed gains during the trading session on Tuesday. The Dow Jones Industrial Average index gained 0.15%, the S&P 500 index increased by 0.39% and the NASDAQ Technology Index was up by 0.76%.

Investors' optimism is associated primarily with an increase in retail sales by 1.7% in October compared to September. At the same time, experts predicted an increase of 1.2%. This indicates that the American population has already started to prepare for the holidays to avoid the problem of shortages of certain goods due to possible supply problems.

In October industrial production increased by 1.6% on a monthly basis, which exceeded forecasts.

Home Depot released a report that showed sales exceeded expectations and forecasts thanks to strong demand for building materials and tools.

Among the Dow Jones components the largest growth was demonstrated by the shares of Home Depot Inc. soared by 5.73%, Nike Inc. gained 1.76% and Visa Inc. Class A increased by 1.36%. Boeing Co., Walmart Inc. and Dow Inc. showed the biggest price declines by 3.13%, 2.55% and 1.77%, respectively.

Among the components of the S&P 500 indicator the largest increase in share prices was shown by Qualcomm Inc. increasing by 7.89% and Iqvia Holdings Inc. climbed by 6,25%. At the same time, securities of Norwegian Cruise Line Holdings, Ltd, Activision Blizzard Inc. and DaVita HealthCare Partners Inc. fell by 7.33%, 6.09% and 4.61%, respectively.

Among the components of the NASDAQ indicator, the largest increase in the value of securities was demonstrated by Bimi International Medical Inc. increasing by 53.14%, ReTo Eco-Solutions Inc jumping by 48.37%, and Progenity Inc. climbing by 39,48%. The securities of Talkspace Inc. fell by 36.28%), Rekor Systems Inc. plummeted by 35.94%, and OptiNose dropped by 33.47%.

Some shares showed the maximum growth, others - the maximum decrease. Thus, the price of Qualcomm Inc. securities reached an all-time high of 181.81. Also, the price of shares of Iqvia Holdings Inc. rose to an unprecedented level, stopping at 267.54. The share price of ReTo Eco-Solutions Inc. reached a three-year high of 2,7300. The value of Activision Blizzard Inc. shares dropped to a yearly low of 66.14. The value of shares of Talkspace Inc. also reached its minimum level, stopping at 2,160. The shares of OptiNose (1,590) also reached their minimums.

The volatility index decreased by 0.73% and reached 16.37.

Anastasia Kravtsova,
Analytical expert of InstaForex
© 2007-2025
Select timeframe
5
min
15
min
30
min
1
hour
4
hours
1
day
1
week
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST

Recommended Stories

US Market News Digest for April 11

After Wednesday's explosive rally triggered by President Donald Trump's announcement of a 90-day tariff pause, US markets on Thursday decided the party was premature. Major indices tumbled: the Dow dropped

Natalia Andreeva 15:28 2025-04-11 UTC+2

Rollercoaster: S&P 500 down 3%, gold hits all-time highs

US stocks fall after Wednesday's events, S&P 500 down 3% European and Asian stocks close higher after Trump suspends most tariffs Bond market rally stabilizes, gold prices hit all-time highs

Thomas Frank 09:44 2025-04-11 UTC+2

Bitcoin struggles to find support as tariff turmoil roils global markets

The flagship cryptocurrency remains in a fragmented state, unable to establish a firm footing. Bitcoin is experiencing significant volatility and posted losses this week. Nevertheless, experts remain optimistic, anticipating

Larisa Kolesnikova 14:38 2025-04-10 UTC+2

US Market News Digest for April 10

The S&P 500 index notched one of its biggest one-day gains in recent months. The upward move slowed near 5,516, but a break above key resistance at 5,669.50 could open

Irina Maksimova 12:58 2025-04-10 UTC+2

Why are stocks rising as yuan sags and U.S. futures slip?

The financial world breathed a sigh of relief on Thursday as stock markets surged higher and the chaotic bond selloff finally slowed down. The reason was a surprise initiative

Thomas Frank 10:17 2025-04-10 UTC+2

US Market News Digest for April 9

US stock indices closed lower after the White House announced a new wave of tariffs on Chinese goods. The rate could rise to 104%, a direct hit on imports

Irina Maksimova 12:33 2025-04-09 UTC+2

Domino effect: US tariffs slam markets, investors dump dollar, bonds

Trump's China tariffs spark recession fears US Treasuries and dollar hit by sell-off, yields soar European stocks fall as US retaliatory tariffs take effect World markets face crisis-era volatility, stocks

Thomas Frank 11:20 2025-04-09 UTC+2

"Golden" Forecasts: Gold at $3,500, $3,700 – Higher and Higher?

Gold forecasts are becoming increasingly dazzling in every sense, as analysts appear to be competing with one another over how high the precious metal could go. Rising geopolitical instability

Larisa Kolesnikova 11:07 2025-04-09 UTC+2

Markets on roller coaster: Dow plummets, gold rallying, Trump keeps investors on edge

The changes in Wall Street indices for the last 24 hours: the S&P 500 fell by 0.23%, the Nasdaq rose by 0.10%, and the Dow dropped by 0.91%. The S&P

12:25 2025-04-08 UTC+2

US Market News Digest for April 8

The Trump administration's latest wave of tariffs is reshaping economic expectations. Goldman Sachs is now forecasting a recession within the next 12 months, while JPMorgan analysts are pricing

Ekaterina Kiseleva 12:14 2025-04-08 UTC+2
Can't speak right now?
Ask your question in the chat.
Widget callback
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.

We are sorry for any inconvenience caused by this message.