Tuesday , November 24 2020

They were happy to be held in New York



The New York Stock Exchange ended Wednesday with the best fan. The S & P 500 grew by 2.1 percent, the largest daily increase after the interim elections since the 1980s. Technicians rode on.

Score Middle-aged elections in the US, where the Democrats won the majority in the House of Representatives, but the Republicans maintained the Senate. The S & P 500 graduated from 2.1 percent, which is the best daily increase after the interim elections since 1982.

Dow Jones increased by 2.1 percent, while the Nasdaq 100 strengthened, an increase of 3.1 percent.

The FAANG companies operated after the shaky beginning of the week. E-commerce giant Amazon has increased steadfast power and finished almost 6.9 percent with the giant of the Netflix streaming force broke with an increase of 5.4 percent.

The Davita pharmaceutical company, in which Warren Buffets Berkshire Hathaway is the main owner with a 23 percent position, had a special reason to celebrate voters in the state of California, they rejected a proposal that would reduce the earnings of companies on dialysis patients.

Davita, who spent $ 66.6 million on a campaign against the proposal, rose by 10.1 percent.

Even insurance companies Cenete and Wellcare Health Plans belonged to the electorate after the initiative to extend the health insurance system in several states gained in Tuesday's elections. The shares increased by 9.2 and 7.4 percent, respectively.

Two retail companies such as They have recently reported weaker reports than expected investors in the bottom layer of the S & P 500. The clothing brand Michael Kors ended a decline of 14.6 percent, while the makeup company Coty raged 22.6 percent.

Instead, the Cimarex energy company offered the biggest growth after the quarterly report, which showed that oil production increased by 13 percent year-on-year during the quarter, while the company repeated the previous investment forecast. Shares increased by 12 percent.


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