2023-05-08 21:03:44
The main US indices closed mixed in the Monday session following a strong rise in the Friday session, as investors await the inflation data for the month of April, which is expected to be released next Wednesday.
The regional banks index fell by regarding 3% following achieving the highest daily gain in 7 weeks in Friday’s session.
Dow Jones and S&P 500:
The Dow Jones index declined by 0.2%, equivalent to 55 points, under pressure from the technology sector, which declined by 0.5%.
The index was affected by a decline in Apple and Microsoft shares by 0.2% and 0.6%, respectively.
The S & P 500 index rose slightly, to close the index stable at 4138 points.
Nasdaq Composite Index:
The Nasdaq Composite Index rose by 0.2%, achieving its highest close in 8 months, following rising for the second session in a row, and the index’s gains reached more than 17% since the beginning of the year.
Tesla shares rose more than 1% to a 3-week high on news that the electric car company plans to produce lithium for 1 million cars from a Texas refinery.
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