The United States markets performed exceptionally well on Monday and started off the trading pretty good, which was completely unexpected as the markets were miserable in the last week, and at the Friday closing bell, there were some major losses recorded which were expected to continue on Monday. So this week’s trading has started off great, but the week is still pretty uncertain as there are major announcements to be made.
The United States market on Monday bounced back on gains as the positive outlook on the trade talks with China made a return, and this was the major cause that the investors returned to the markets. Also, the merger activity and the major selloff of the pharma companies are also a huge factor that helped the markets to record positive gains. The Dow Jones Industrial Average DJIA, +0.68% advanced 190.85 points to end at 28,066.47, while the Nasdaq Composite COMP, +1.32%, climbed 112.60 points jumped to 8,632.49. The S&P 500 index also saw a good gain of 0.8 percent, so overall, the markets were pretty good on Monday, and we hope that this trend keeps up the whole week and not fail as this would be bad for markets all over the globe.
So it has been a good start, and the investors and analysts are pretty optimistic about the trading this week and are rooting for some good gains in the market just as the market had been doing before the last week's trade decline.
Tags : United States, stocks, Dow Jones, Nasdaq ,