• 168
  • 50
  • 收藏

Dow rises 165 points as Wall Street rebounds for a second day

Tiger Newspress2021-05-21

U.S. stocks rose for a second day on Friday as major averages attempted to claw back more of their losses from earlier in the week.

The Dow Jones Industrial Average climbed 165 points, while the S&P 500 rose 0.5%. The Nasdaq Composite gained 0.6% as Big Tech stocks continued to rebound.

Bitcoin, which shook markets earlier in the week with a 30% collapse, was stable for a second day around the $40,000 range. Major technology shares were set to continue their rebound. Tesla was higher by 2% in premarket trading.

Shares of Nvidia jumped 3% after the chip giant announced a 4-for-1 stock split. The shares increased even though the split adds no actual value to the stock.

Gains were broad across sectors on Friday. Cruise lines gained after Carnival said some brands would resume cruises in July. Carnival added 1%.

Ford, which said Thursday it has 20,000 reservations for its new electric F-150 pickup, gained 1%. Home Depot shares rose 0.7% after the retailer announced a new $20 billion share buyback program.

In another sign of market confidence, new IPO Oatly, which jumped 18% on Thursday in its Nasdaq debut, was up 6% in premarket trading on Friday.

The move in futures followed a comeback day on Wall Street with the Dow gaining 186 points and the S&P 500 and Nasdaq composite ending the day 1.06% and 1.77% higher, respectively. Microsoft, Facebook and Alphabet all rose more than 1% while Netflix and Apple rallied more than 2% each.

Shares of Tesla and other speculative parts of the market bounced back as bitcoin prices recovered after a rollercoaster session Wednesday. A new pandemic-low in jobless claims also helped sentiment on Thursday.

Thursday’s “jobless claims improvement furthers our view the disappointing April jobs report was likely a blip rather than a sign of deceleration, and we anticipate meaningful labor market improvement in coming months,” saidScott Ruesterholz, a portfolio manager at Insight Investment.

Despite Thursday’s rebound, the Dow is down 0.9% in the past week, on track to see its fourth negative week out of the past five weeks. The S&P 500 is 0.4% lower on the week, on pace for its second negative week in a row. The Nasdaq Composite is up 0.8%, positioned to break a 4-week losing streak.

免责声明:本文观点仅代表作者个人观点,不构成本平台的投资建议,本平台不对文章信息准确性、完整性和及时性做出任何保证,亦不对因使用或信赖文章信息引发的任何损失承担责任。

举报

评论50

  • SGArchiPH
    ·2021-05-24
    Yaaaaaaassss!!!!! 
    回复
    举报
  • GoldD
    ·2021-05-24
    Please comment and like 😃
    回复
    举报
  • TerenceD
    ·2021-05-24
    That’s 👍🏻 
    回复
    举报
    收起
    • GoldD
      Please comment and like 😃
      2021-05-24
      回复
      举报
  • skli
    ·2021-05-24
    Time to sell? 
    回复
    举报
  • JBSIEW
    ·2021-05-24
    Rebound!
    回复
    举报
  • Tiggermum
    ·2021-05-23
    Nice
    回复
    举报
  • 2a3734f4
    ·2021-05-23
    Great news... Please comment. 
    回复
    举报
    收起
    • KryZ
      Next week will be interesting to see market's direction.
      2021-05-23
      回复
      举报
    • GoldD
      Please comment and like 😃
      2021-05-24
      回复
      举报
    • 2a3734f4
      Done
      2021-05-25
      回复
      举报
  • Khoo12
    ·2021-05-23
    Sell
    回复
    举报
    收起
    • Kiddjw
      Good
      2021-05-23
      回复
      举报
  • koolgal
    ·2021-05-23
    Love good news!  Please like and comment Thanks
    回复
    举报
    收起
    • ahswee
      ok! comment my comment thanks!
      2021-05-23
      回复
      举报
    • koolgal
      Sure.  Thanks again.
      2021-05-23
      回复
      举报
    • Lgdnic
      Sup
      2021-05-23
      回复
      举报
    查看更多 1 条评论
  • Darrenneoyo
    ·2021-05-23
    Good news
    回复
    举报
  • Jetblackeyes
    ·2021-05-23
    About timeee
    回复
    举报
  • Magdalene89
    ·2021-05-23
    Good
    回复
    举报
  • Kikiooi
    ·2021-05-23
    We need more rebound 
    回复
    举报
  • fortuna
    ·2021-05-23
    Hello
    回复
    举报
  • peterongwk
    ·2021-05-23
    Up
    回复
    举报
  • SherryYo
    ·2021-05-23
    Pls like
    回复
    举报
    收起
    • fortuna
      Done
      2021-05-23
      回复
      举报
  • Ljoney
    ·2021-05-23
    Nice, like n comment
    回复
    举报
    收起
    • granola
      Here you go!
      2021-05-23
      回复
      举报
  • WCS1981
    ·2021-05-22
    Why do companies do stock split?
    回复
    举报
    收起
    • SherryYo
      Like bananan split?
      2021-05-23
      回复
      举报
  • 2a3734f4
    ·2021-05-22
    Look positive ahead? Please comment for complete task. 
    回复
    举报
    收起
    • X_krycek
      👍
      2021-05-22
      回复
      举报
    • Monies
      Nice
      2021-05-23
      回复
      举报
    • SherryYo
      Like done
      2021-05-23
      回复
      举报
    查看更多 1 条评论
  • KHM
    ·2021-05-22
    Good
    回复
    举报
    收起
    • SR050321
      Pls reply my comment here thank u
      2021-05-22
      回复
      举报
    • 2a3734f4
      Great news
      2021-05-22
      回复
      举报
    • Milankaka
      Yes
      2021-05-22
      回复
      举报
    查看更多 1 条评论
 
 
 
 

热议股票

 
 
 
 
 

7x24