Wall Street begins the week with optimism and Dow Jones wins 1.5% – News | news



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Wall Street began the week with optimism, encouraged by the resurgence of the oil price and the celebration of Cyber ​​Monday, the day of choice for online shopping in the United States.

Investors are trying to forget the worst Thanksgiving week that we have remembered since 2011, with losses of about 4% for the top three indicators of Wall Street. After a few sessions to forget, the Dow Jones recovered 1.5% to 24,640 points Monday, while the S & P grew 1.5% to 2,673 units. For its part, technology Nasdaq increases by 2% to 7,081 points.

The rise keeps the green numbers recorded by the European markets, supported by the progress in the negotiation on the future of the Brexit. But, although all influence, It's the price of oil that really makes optimism on Wall Street.

After suffering a 7.7% collapse last Friday, the Barrel gross from West Texas rebounded 2.4% and stood at 51.63 dollars per barrel on a day affected by the outlook for lower crude oil production. The Brent oil price for delivery in January closed today on the London futures market at $ 60.48, or 2.85% more than at the end of the previous session.

In the business section highlights the A 5.3% increase in the number of Amazon shares, with the perspective that the one said "Cyber ​​Monday" generate sales of more than $ 7,800 million this year, 18% more than the same day of online shopping last year. Other major online retailers, such as Best Buy or Target, were up 2.8% on Monday, respectively.

Although walking shopping for the retail giants during the Thanksgiving and the BlackFridaydropped, online sales soared 26.4% to $ 12.3 billion, demonstrating that this type of transaction can beat in this "Cyber ​​Monday" a new record

"As every year, there will be winners and losers, but the most important is to check the state of private consumption before the Christmas campaign, especially in the United States, where this offer period is more consolidated, a campaign in which many companies play a large part of their annual results, "say the experts of Link Securities.

In the technology sector also highlights the recovery of Apple, up 1.3% to 174.6 dollars after a few sessions during which the components of the FAANG (Facebook, Amazon, Apple, Netflix and Google) they have been severely punished by the market. "It's possible that bargain hunters begin to focus on values ​​which, after the sharp fall in prices, offer a high growth potential accompanied, in many cases, by very strong balance sheets with positive net cash balance and valuations much more attractive than a few months ago, "say the experts.

Once past the "fever" of the past two days of mbadive purchases, investors will refocus on the next G20 summit in Buenos Aires which will begin Friday with the forecasts meeting between US President Donald Trump and his Chinese namesake, Xi Jinping, in full commercial conflict between the two countries.

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