Rally on Wall Street after the Fed statement



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The main trade in New York continued Wednesday after the speech of Fed chief Jerome Powell, saying that the outlook for the US economy remained strong and that interest rates were "just below "territory said neutral.

Wednesday's statement came less than two months after a speech when Powell said: "We are probably far from neutrality."

The Dow Jones Industrial Index closed down 2.5% to 25,367, while the S & P 500 index had risen 2.3% to 2,744. The technology-driven Nasdaq rose 3.0% to 7,292.

At the sectoral level, technology gained 3.4%, while electricity was down 0.1%.

On the corporate front, Boeing and Caterpillar have held up well. Both industrial companies are highly export-oriented and have benefited from the fact that the situation between the US and China seems a little more positive for the upcoming G20 summit, in which Donald Trump will meet with Xi Jinping. Both stocks rose by almost 5%.

Several technology stocks also advanced, including Apple, up 3.9%, while Netflix rose 6.0%.

Amazon traded 6.1% after the company assumed Cyber ​​Monday was the biggest trading day ever organized by the e-commerce giant.

Facebook has announced on its website that the company is launching a new section of local news and local information, including government agencies. The stock rose 1.3 percent.

The Sears merchandise chain is 18% precipitated. President Eddie Lampert is preparing a purchase of the bankruptcy company through his hedge fund, jointly with Cyrus Capital Partners, according to Bloomberg News.

Salesforce.com customer service company grew by just over 10% after exceeding third quarter expectations and raising expectations for 2019.

Tiffany, on the other hand, raged 11% after the chain of jewelery and watch stores published comparable sales figures that did not meet investors' expectations.

General Motors was only 0.7% since Donald Trump had said that the auto giant should pay back the state's contributions if the jobs are not kept in the US, because of GM's decision to close its factories. Tuesday, this share had dropped 2.6% after the criticism of the president on the actions of the automaker.

The US Department of Energy, the Ministry of Energy, said US crude oil inventories had risen 3.6 million barrels last week. Forecasted for 0.8 million barrels. WTI oil fell 2.4% to just over 50 dollars.

The interest rate on 10-year US government bonds rose 1 point to 3.06%.

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