empty
17.11.2021 03:53 PM
Major US indices increase again

This image is no longer relevant

The major US indices showed gains during the trading session on Tuesday. The Dow Jones Industrial Average index gained 0.15%, the S&P 500 index increased by 0.39% and the NASDAQ Technology Index was up by 0.76%.

Investors' optimism is associated primarily with an increase in retail sales by 1.7% in October compared to September. At the same time, experts predicted an increase of 1.2%. This indicates that the American population has already started to prepare for the holidays to avoid the problem of shortages of certain goods due to possible supply problems.

In October industrial production increased by 1.6% on a monthly basis, which exceeded forecasts.

Home Depot released a report that showed sales exceeded expectations and forecasts thanks to strong demand for building materials and tools.

Among the Dow Jones components the largest growth was demonstrated by the shares of Home Depot Inc. soared by 5.73%, Nike Inc. gained 1.76% and Visa Inc. Class A increased by 1.36%. Boeing Co., Walmart Inc. and Dow Inc. showed the biggest price declines by 3.13%, 2.55% and 1.77%, respectively.

Among the components of the S&P 500 indicator the largest increase in share prices was shown by Qualcomm Inc. increasing by 7.89% and Iqvia Holdings Inc. climbed by 6,25%. At the same time, securities of Norwegian Cruise Line Holdings, Ltd, Activision Blizzard Inc. and DaVita HealthCare Partners Inc. fell by 7.33%, 6.09% and 4.61%, respectively.

Among the components of the NASDAQ indicator, the largest increase in the value of securities was demonstrated by Bimi International Medical Inc. increasing by 53.14%, ReTo Eco-Solutions Inc jumping by 48.37%, and Progenity Inc. climbing by 39,48%. The securities of Talkspace Inc. fell by 36.28%), Rekor Systems Inc. plummeted by 35.94%, and OptiNose dropped by 33.47%.

Some shares showed the maximum growth, others - the maximum decrease. Thus, the price of Qualcomm Inc. securities reached an all-time high of 181.81. Also, the price of shares of Iqvia Holdings Inc. rose to an unprecedented level, stopping at 267.54. The share price of ReTo Eco-Solutions Inc. reached a three-year high of 2,7300. The value of Activision Blizzard Inc. shares dropped to a yearly low of 66.14. The value of shares of Talkspace Inc. also reached its minimum level, stopping at 2,160. The shares of OptiNose (1,590) also reached their minimums.

The volatility index decreased by 0.73% and reached 16.37.

Anastasia Kravtsova,
Analytical expert of InstaForex
© 2007-2025
Select timeframe
5
min
15
min
30
min
1
hour
4
hours
1
day
1
week
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST

Recommended Stories

US Market News Digest for April 22

The S&P 500 and Nasdaq 100 continue to slide as mounting concerns over slowing economic growth and the impact of trade tariffs weigh on sentiment. The market remains volatile, with

Ekaterina Kiseleva 11:13 2025-04-22 UTC+2

Trump, Fed, and gold at $3,000? Markets respond to alarming signals

Investors are worried about the Fed's independence under Trump. US assets are falling, and the dollar is at a three-year low against the euro. Safe-haven currencies like

11:46 2025-04-21 UTC+2

US Market News Digest for April 21

The S&P 500 and Nasdaq slipped once again after Donald Trump lashed out at the Federal Reserve. His comments called the independence of the central bank into question, amplifying inflation

Ekaterina Kiseleva 11:41 2025-04-21 UTC+2

Trump, Fed, $3,000 Gold? Markets React to Red Flags

Investors Worried About Trump Fed Independence US Assets Fall, Dollar Hits Three-Year Low Against Euro Safe-Haven Yen, Swiss Franc Rise Gold Hits New Record High South Korea Stock Market

Thomas Frank 10:18 2025-04-21 UTC+2

US Market News Digest for April 18

Donald Trump ratcheted up his criticism against Federal Reserve Chairman Jerome Powell, once again calling for an immediate interest rate cut. This renewed political pressure adds to the tensions surrounding

Ekaterina Kiseleva 12:09 2025-04-18 UTC+2

When Giants Fall: How Alphabet and UnitedHealth Decisions Hurt the Market

Trading on U.S. stock markets ended in disarray on Thursday, with positive news from tech giants and pharma companies colliding with interest rate concerns. Market participants wavered between hopes

Thomas Frank 11:56 2025-04-18 UTC+2

Powell in danger? Can Trump fire Fed Chair and what does that mean for markets?

Donald Trump has once again set his sights on the Federal Reserve, accusing its chairman Jerome Powell of failing in monetary policy and threatening to fire him. But what lies

Аlena Ivannitskaya 08:43 2025-04-18 UTC+2

US Market News Digest for April 17

Jerome Powell's latest remarks triggered a sharp sell-off in US equities. Both the S&P 500 and the Nasdaq posted notable losses after the Fed chairman said that interest rates

Ekaterina Kiseleva 11:21 2025-04-17 UTC+2

When it all went wrong: Nvidia under pressure, stocks fall, Powell waits for clarity

Powell says economy slowing in Q1, may wait for more clarity European stocks slip ahead of ECB policy decision Nvidia warns of blame over US chip export restrictions to China

Thomas Frank 10:27 2025-04-17 UTC+2

US stock market in red zone: Dow Jones – 0.4%, Nasdaq – 0.1%. Upbeat corporate reports do not save Wall Street

The US stock market closed Tuesday with minor losses, as uncertainty over trade duties continued to weigh on investor sentiment. Consumer and healthcare stocks were particularly affected, though strong earnings

11:38 2025-04-16 UTC+2
Can't speak right now?
Ask your question in the chat.
Widget callback
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.

We are sorry for any inconvenience caused by this message.