AFP
The Dow Jones Industrial Average rose on Wall Street Monday as the $ 1.9 trillion Covid-19 aid bill approached the finish line and was approved by the US Congress.
This rise was led by the shares of the sectors that are expected to be the biggest beneficiaries of the US economic recovery.
But shares related to the technology sector fell amid a strong sales wave.
The “Dow Jones” ended the trading session up 305.61 points, or 0.97 percent, to 31,801.91 points, while the benchmark “Standard & Poor’s 500” index closed down 20.59 points, or 0.54 percent, to 3,821.35 points.
The “Nasdaq Composite” index fell 310.99 points, or 2.41 percent, to close at 12,609.16 points.
The stocks of major technology companies have led “Nasdaq” to climb successive highs in a rally over the past twelve months.
But the index closed today, about 10.5 percent, down from the latest record high of 14,095.47 points it hit on February 12th.
Source: “Reuters”
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