Wall Street ends up, calmed the Brexit – Boursorama

Wall Street sharply higher (GETTY IMAGES NORTH AMERICA / AFP / File / SPENCER PLATT)

Wall Street sharply higher (GETTY IMAGES NORTH AMERICA / AFP / File / SPENCER PLATT)

According to final results, the index Dow Jones Industrial Featured gained 129.71 points 17,804.87 points and the Nasdaq, dominated by technology, 36.88 points 4837.21 points. The expanded index S & amp; P 500 advanced 12.03 points, or 0.58%, to 2083.25 point

“Everything is related to the reversal of the dynamics between supporters and. opponents of an output of the United Kingdom of the European Union, “said Art Hogan, Wunderlich Securities. “Last week, the stock market suffered the momentum advocates an exit and, as the situation has somewhat returned, the market is the same.”

Three days of the British referendum a Brexit, several polls suggests continued a rebound maintaining supporters, which many observers attribute to an emotional reaction to the murder last week of a positive member of the EU.

Logically, the reaction of Wall Street was less marked than its European counterparts, which have largely taken over 3% Friday, as they had previously dropped more frankly than the New York Stock Exchange.

“in any case, instability is likely to continue by Thursday,” warned David Levy, of Republic Wealth Advisors. “Markets are now overshadow everything that is not related to Brexit.”

This international dominance was even more pronounced on Wall Street that there is “no significant economic data on Monday and Tuesday in the United States “and that” we do not expect big results business when the quarter ends, “said Mr. Levy.

US investors still digest Tuesday and Wednesday a hearing Janet Yellen, president of the Federal Reserve (Fed), before parliamentarians in Washington, after the central bank refrained from the previous week raise interest rates.

the bond market, which tends to suffer from investor optimism, fell back. Around 8:20 p.m. EDT, the yield on 10-year Treasury rose to 1.674% against 1.609% Friday night, and that good for 30 years at 2.484% against 2.421% previously.

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