Date: 6 months ago   Category: Financial

The exchanges of the USA showed record growth in ten years


The Dow Jones index grew more than by 1000 points - it is record level for all history. At the American exchanges on Wednesday, December 26, record growth of indexes for the last ten years was established, the Voice of America reports. So, Dow Jones Industrial Average grew more than by 1000 points - it is record level for all history of its existence. Growth was nearly 5% thanks to investors who resumed the auction after Christmas holiday. The summary S&P 500 index within Wednesday grew by 5%, hi-tech Nasdaq – for 5.8%. Most of all stocks of the technological and medical companies, banks, retail chain stores, including, large online stores rose. Stocks of Amazon set up growth record for the last year. Also stocks of the energy companies rose. It was promoted by growth of cost of the American oil, record for the last more than two years. According to experts, the markets passed from rapid falling to record growth thanks to positive news. The Wall Street received a signal from Washington: the president Donald Trump after all will not try to dismiss the Chair of the Federal Reserve Jerome Powell. However, even considering record growth, this month continues to remain for the market worst December for the last 87 years. The last time of the exchange sustained similar losses in December, 1931, in the heat of the Great Depression. the 2018th year in general became very unsuccessful for the American stock market. According to economists, this year the markets suffered the greatest losses for the last ten years. As it was reported, for last week the main indexes of the American stock exchange on Wall Street dropped by 7%. News from the Correspondent.netv of Telegram. Subscribe for our https://t.me/korrespondentnet channel

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