WALL STREET

in steemit •  6 years ago 

Wall Street stocks ended the Monday trading session with increases

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The US markets ended the Monday trading session with increases, as the investors were not influenced by the new tensions surrounding the G7 leaders meeting, during which US President Donald Trump made sharp criticism of the US allies. Wall Street is also preparing for the summit between Trump and North Korean leader Kim Jong-un.

The Dow Jones industrial average index grew at a minimum of 0.02% to 25,322.31 points, with UnitedHealth, Home Depot and Boeing rising and offseting the drop of McDonald’s and 3M.

The broader S&P 500 also recorded a relatively small growth of 0.11% to 2,782 points, with increases in the telecoms and consumer goods sectors.

The technology benchmark Nasdaq Composite rose by 0.19% after the jump in Facebook and Alphabet shares by 1.2% and 0.7% respectively.

During the G7 summit in Canada, Trump has criticized the host Canadian Prime Minister Justin Trudeau, whose comments on American duties were to be “very dishonest and feeble”. The US President also departed from the final statement after the end of the two-day event.

Markets also await a meeting between Trump and Kim Jong-un, on June 12, in Singapore.

During the Wall Street trading session the crude oil sent mixed signals. The American WTI variety rose by 0.52% to 66.08 USD per barrel. At the same time, the international benchmark Brent declined by 0.13% to 76.36 USD per barrel.

https://financeandmarkets.com/wall-street-stocks-ended-monday-trading-session-increases

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