The final results of the meeting indicate that the Dow Jones Industrial Average appreciated 0.73% (129.71 points) to 17,804.87 units, and the Nasdaq 0.77% (36.88) for 4837 21. The broad index S & P 500 advanced 0.58% (12.03) for 2083.25 points
“It’s connected to the inversion of the dynamic between the supporters and opponents of an exit of. United Kingdom of the European Union “(EU), estimated Art Hogan, of Wunderlich Securities. “Last week, the stock market had suffered from the strength of the output defenders and, as the situation is reversed a little, the market did the same,” he added.
The three days of the referendum in the UK on ‘Brexit’, several polls testify, in effect, a recovery of the country’s maintenance of supporters in the EU, which was attributed by many observers to an emotional reaction the murder last week of a Labour MEP in favor of UK remaining in the EU.
Logically, Wall Street’s reaction was less pronounced than those of European markets their counterparts, which today rose as a whole more than three percent, as had earlier fallen more strongly than Wall Street.
“In any case, there is the risk of instability conti9nuar until Thursday,” warned David Levy, the Republic Wealth Advisors. “Investors are now putting in the background all that is not connected to Brexit” he said.
This dominant international issue was all the more important on Wall Street as “there was not even going to be important economic statistics today and Tuesday in the US,” and “do not expect results of significant companies at the end the quarter “, said Levy.
US investors will however pay attention, on Tuesday and Wednesday at a hearing of Federal Reserve chairman Janet Yellen, in congress, in Washington, after the central bank to have failed in the previous week to climb its directors interest rates.
RN // JPS
Lusa / end
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