The US stock markets started the new week with mixed performance. Dow Jones recorded a new record level reaching 21,891.12 points. The shares of Goldman Sachs and Home Depot were the strongest in the index. Boeing’s securities grew by about half a percentage point after the news of the expected record number of aircraft orders from India. The news comes a week after the company’s strong financial results for the last quarter. The S & P 500 declined by 0.07% to 2470.30 because of the lower performance of the raw materials and technology companies. Nasdaq posted the slightest performance among US indices, down 0.42% to 6348.12 points. It was a disappointing performance of Alphabet and Facebook, which ended the trade on red territory.
Europe’s leading markets have also begun the new week with mixed results. The pan-European Euro Stoxx 600 Index declined by 0.13%. The lowest was CAC40, which dropped by almost 0.8% to 5093.77 points. At the same time, the British FTSE100 reported a slight growth of 0.05% to 7,372 points. Shares of raw materials managed to rise by more than 0.4%. The stock of banking companies also reported positive results. HSBC’s shares jumped by about 2% after the bank posted its financial statements for the last quarter, which proved to be better than the analysts’ preliminary forecasts. The bank also announced the 2 billion-dollar redemption news that will be done.
Oil prices rose as investors reacted positively to the news of the upcoming oil producers meeting next week. Some analysts do not exclude the possibility of imposing any sanctions on the part of the United States against Venezuela. Black Gold ended the trade by 46 cents, reaching $ 50.17 a barrel. Brent added 10 cents to its price, ending the day at $ 50.70. Oil has passed the 50-dollar psychological limit after the US authorities have suggested that it is possible to impose sanctions on the Venezuelan oil sector as a response to Sunday’s elections, which the US has dubbed “falsification.” Black Gold also received support from the expected meeting of leading oil producing countries.