The Dow-Jones index of the New York stock exchange broke the 27,000 point mark for the first time on Thursday. The indicator reached the milestone early in the American morning trade. Investors on Wall Street thereby elaborated on the pluses from a day earlier. The Dow reached a position of 27,007.86 points around 3.45 pm (Dutch time). Immediately afterwards, the indicator dropped back a bit, to a plus of 0.5 percent at more than 27,003 points. The Dow Jones Industrial Average dates from 1896 and keeps track of the price trend of thirty leading funds on Wall Street. The indicator was already on a record rise last year, but partly due to the trade war and the weakening economy, sentiment fell somewhat again. There has been a clear upward trend again in recent months. The wider S&P 500 was in the meantime 0.2 percent higher at 3000 points. Nasdaq technology gauge also won 0.2 percent, to 8216 points. Sentiment on Wall Street is still supported by the words of President Jerome Powell of the Federal Reserve. Investors found Wednesday from his testimony before the House of Representatives that there is likely to be an interest rate cut. There were also encouraging sounds from Beijing on the trade front. The Chinese Ministry of Commerce has announced that an agreement in the trade dispute with the US is possible, as long as there is concern for concerns from both sides. Delta Air Lines presented quarterly figures and raised its outlook for the entire year. The airline benefited from a high demand for air travel and favorable ticket prices. Delta won 1.2 percent. Home furnishings chain Bed Bath & Beyond (minus 7.5 percent) closed the past quarter with a loss. For the second time in a short time, the company was confronted with a special depreciation.
Aybek Barysov, Gulmira Wakhitova and Kanat Ibraev among founders of Qazaqstanda Jasalğan economic movement
Aybek Barysov, Gulmira Wakhitova and Kanat Ibraev among founders of Qazaqstanda Jasalğan economic movement