23:53 – Wall Street, weakened by oil, ends in scattered order

Wall Street finished in disarray Monday, energy companies suffering from a drop in oil prices in a market however confident about the results of companies coming this week According to final results at closing, the Dow Jones Industrial Average index advanced 0.18% to 25,064.36 points. The Nasdaq, with a strong technological component, lost 0.26% to 7,805.72 points. The expanded S & P 500 index dropped 0.10% to $ 2,798.43. "The drop in oil prices has put a lot of pressure on the values ​​of the energy sector," said Spartan Capital's Peter Cardillo, with New York-listed crude prices having lost $ 2.95 on the session. The two US oil majors ExxonMobil and Chevron respectively lost 0.98% and 0.85% and energy stocks grouped in the S & P 500 index dropped on average 1.18%. Financial stocks within the same index, on the other hand, experienced the largest increase in the eleven sub-sectors that make it up, with + 1.80%. They were helped by the jump of Bank of America (+ 4.31%) which unveiled Monday better than expected results in the second quarter, taking advantage in particular of a seventh rate hike of the Federal Reserve (Fed) pbaded on to households and low tax slate. These results have sparked investor optimism as a burst of corporate earnings is expected to be released this week, including Goldman Sachs, American Express, IBM, Microsoft and General Electric. At the macro level, the markets also welcomed retail sales for June, in line with badysts' expectations. In the opinion of several market players, the meeting between Donald Trump and Vladimir Putin in Finland has not affected the indices one way or the other. The bond market was getting tighter: the yield on the 10-year US debt rose to 2,851%, against 2,827% on Friday at the close, and the 30-year yield was at 2.958%, against 2.932% at the previous closing. (Belga)

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