Monday 2nd: U.S. helped by energy & healthcare

Discussion in 'Stock Market Forum' started by WaveWage, Nov 3, 2015.

  1. WaveWage

    WaveWage Well-Known Member

    Sep 2015
    Likes Received:
    I wouldn't enter if Obamacare is acting good on health care companies, but today they helped the markets to go higher, as well as energy. Energy is probably driven higher by the rising oil price caused by probability to see U.S. exporting oil to Mexico, while the big inventories constrained the oil prices below $50 mark.

    Also, earnings are helping the markets, but only a bit because it is only a little better than expected.

    The numbers:
    Dow Jones is getting up +0.94% or +165.22 pts at 17,828.76 pts. S&P 500, getting for the first time since August, at 2,104.05 pts with +24.69 pts or +1.19%. Finally, the best performer is NASDAQ, helped by Apple, with +1.45% or +73.40 pts at 5,127.15 pts.

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