Wall Street progresses during a low volume session



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 Wall Street progresses during a session at low volumes "title =" Wall Street progresses during a session at low volumes "/>


<p> Wall Street opens up after a holiday in the United States, brokers enjoying a calming fears of commercial war with Europe in the automotive sectorBryan R. Smith </p>
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Wall Street finished up on Thursday, during a session marked by very low trading volumes in the wake of a holiday in the United States, despite the prospect of the entry into force of US and Chinese customs taxes on Friday.

According to final results at closing, its flagship index, the Dow Jones Industrial Average, gained 0.75% to 24,356.74 points.

Nasdaq, with a strong technological component, advanced 1.12 % at 7,586.43 points

The expanded S & P 500 index rose 0.86% to 2,736.61 points.

"Many brokers are absent this week and it is not surprising to see a lot volatility in this type of trading sessions very low, "commented David Levy Republic Wealth Advisors.

In volumes, these exchanges were half as many as a conventional day on the index S & P 500.

As was often the case in strong growth sessions, technology stocks performed best, with the sub-index grouping them within the S & P 500 up 1.47%.

Facebook (+2 , 97%), Twitter (+ 2.67%) and Netflix (+ 2.02%) were among the locomotives of Wall St return Thursday.

The progress of the indices came as the United States and China will switch to the trade war with the entry into force on Friday of reciprocal customs duties on tens of billions of dollars of goods. [19659003] US tariffs of 25% on 34 billion Chinese imports are to be effective on Thursday at midnight and immediately after, Chinese tariffs on an equivalent amount of US imports should be applied.

The markets also welcomed the report of the last meeting of the US central bank (Fed) with neutrality, stating that commercial uncertainties could hurt investment and confidence.

Despite these relatively pessimistic outlooks, investors focused more on comments by German Chancellor Angela Merkel and the US ambbadador to Germany on a possible drop in automobile taxes to defusing the trade dispute between the European Union and the United States

"This information is good news as it suggests that an arrangement could be found and that an American-European trade war could be avoided ", commented Bill Lynch of Hinsdale Associates.

The bond market was moving directionless: around 20H25 GMT, the return on debt amé The 10-year-old rican rose to 2.833% from 2.831% on Tuesday night, and the 30-year-old declined to 2.948% from 2.959% at the previous closing.

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