Breaking News English

Stock prices sharply on Monday led by shares in technology giants. This the Dow Jones Industrial Average to rise by 353 points, or 1.2 per cent. Other financial indicators also gains, with the Nasdaq Composite 2.9 per cent and the S&P 500 rising 1.9 per cent. The three indices the most-followed stock markets in the United States. A key performer on Monday was Apple, which an impressive six per cent. Analysts say this on the back of investors anticipating the tech giant to its first 5G smartphone later this week. Other tech giants well. Facebook, Amazon and Microsoft 5.3 per cent, 5.2 per cent and 3.5 per cent respectively.

Trading on Wall Street on Monday its best performance in three months. Confidence among investors continues to strong, despite the economic ravages by the coronavirus pandemic. Analysts say the strength of tech companies largely responsible for the bullish markets. Most of these companies have largely immune to the economic downturn this year. Sales and use of many of their products and services have as people stay at home and more dependent on the Internet. Energy stocks the only stragglers on Monday. Their prices after an unexpected fall in U.S. crude oil prices.