After the worst day since February, Wall Street closed higher and erased Monday's losses.

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source: today.in-24.com

According to data at the close of the New York Stock Exchange, the Dow Jones rose 1.62% or 549.95 points, to 34,511.99; and the selective S&P 500 gained 1.52% or 64.57 points, to 4,323.06.

Wall Street closed this Tuesday in green, and the Dow Jones of Industrialists, its leading indicator, rose 1.62% in a session in which it was possible to cancel a good part of the essential losses that were registered the previous day when the New York market it reacted strongly to the increase in coronavirus cases in the face of the advance of the delta variant.

According to data at the close of the New York Stock Exchange, the Dow Jones rose 1.62% or 549.95 points, to 34,511.99; and the selective S&P 500 gained 1.52% or 64.57 points, to 4,323.06.

The Nasdaq composite index, which brings together the most important technology companies, increased by 1.57% or 223.89 points, to 14,498.88.

With these figures, the three benchmark Wall Street indicators recorded a significant rebound. They recovered most of the accumulated losses in the first session of the week, in which the Dow Jones fell more than 700 points.

Many of the companies that suffered the most significant blows this Monday were able to cancel the losses this Tuesday, among them those of the aviation sector and cruise ships: American Airlines rose 8.38%, Delta Airlines 5.45%, and Royal Caribbean a 7.52%. The power sector also rebounded, with Exxon Mobil rising more than 1%, General Electric 5%, and Honeywell 4%.

We remain constructive on equality and have seen the latest round of growth and a slowdown in premature and exaggerated fears, said JP Morgan, head of the market strategy, Dubravko Lakos-Bujas, explained in a note.

With the gains this Tuesday, the S&P 500 is only 2% from the record it reached last week.

The oil of Texas also getting Tuesday to recoup some of their losses, to the price up to $ 1 or 1.51% in a session in which crude managed to stabilize ahead of the figures Delos US crude inventories, whose data they are expected to reflect a decline for the ninth consecutive week.

The market reacted on Monday to the rise in coronavirus cases worldwide to the advance of the delta variant, which analysts feared would slow down the growth of the global economy.

In the US, an average of 30,000 new cases of coronavirus was registered last week, compared to 11,000 new infections as of June, according to figures from the country's Centers for Disease Control (CDC).

By sectors, the industrial sector registered the most significant increase, of 2.74%, followed by financial ( 2.42% ) and real estate ( 1.88% ). Only essential consumer goods ended in the red by falling a slight 0.08%.

Among the thirty Dow Jones stocks, the vast majority ended up in the negative territory, led by Boeing (4.91%), Honeywell (4.08%), and American Express (3.72%). On the other side of the table, Merck posted the most significant losses (-1.14%), followed by Procter & Gamble (-0.53%) and Verizon (-0.47%).

In other markets, gold fell to 8 1,810.60 an ounce, 1.22% in Treasury bonds, and the dollar fell 1.178 against the euro.