Monday, 4 October 2021: US equity markets kicked off October with solid gains
3 de oct. de 2021 ·
8m 11s
![Monday, 4 October 2021: US equity markets kicked off October with solid gains](https://d3wo5wojvuv7l.cloudfront.net/t_square_limited_480/images.spreaker.com/original/cd28525abfd602a496c37176cbece14f.jpg)
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Descripción
US equity markets kicked off October with solid gains as news of a new oral treatment for Covid-19 boosted shares of companies tied to the economic recovery - Dow gained...
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US equity markets kicked off October with solid gains as news of a new oral treatment for Covid-19 boosted shares of companies tied to the economic recovery - Dow gained +483-points or +1.43% . The broader S&P500 rose +1.15%, with Energy (up +3.30%) leading ten of the eleven primary sectors higher. Communication Services (up +1.78%), Materials (+1.60%), Financials (+1.59%), Information Technology (1.44%), Industrials (+1.41%) and Real Estate (+1.04%) all climbed over >1%. Utilities (down -0.04%) was the only sector to close in the red as the more defensive sectors generally underperformed last Friday (1 October). The technology-centric Nasdaq rose +0.82%, snapping a five session losing streak. The small capitalisation Russell 2000 +1.69%.
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Autor | Morgans Financial Limited |
Organización | Morgans Financial Limited |
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