The Nasdaq soars 3.8% and Wall Street reduces its weekly losses

Despite its strong rebound, the technology companies index has dropped 2.

The Nasdaq soars 3.8% and Wall Street reduces its weekly losses

Despite its strong rebound, the technology companies index has dropped 2.8% since Monday.

Wall Street has said goodbye to a week to forget. The US stock indices have dragged down the resounding falls suffered on Monday and Wednesday, so not even the strong rises they have registered today have served to get them out of their negative balance since the last five days.

As is often the case when sharp crashes take place, the Nasdaq has emerged as the leading indicator on a day of widespread gains, with rises that in his case have been 3.82%% at the close. The big technology companies support these advances, with Amazon soaring 5.73% and both Apple (-3.19%) and Alphabet (-2.84%) and Microsoft (-2.26%) closing in the green. Tesla has also been another of the outstanding values, shooting up 5.89% due to Musk's doubts about the purchase of Twitter.

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For its part, the Dow Jones has scored 1.47%, up to 32,196 points. Even so, it has left 2.14% in the week. Nike (4.74%), Salesforce (4.05%) and American Express (3.58%) have led the increases in the selective, while Johnson

Among other values ​​highlighted today were the AMC cinema chain and the GameStop video game store, which continued the gains recorded yesterday due to the good reception their results have had, and today they have risen 5.45% and a 9.85%, respectively.

"Just as trees don't go up into the sky, prices don't fall forever," said Sam Stovall, chief investment strategist at CFRA. "Even approaching bear markets tend to experience relief rallies, which is what markets seem to be doing today," he said.

In the oil market, a barrel of West Texas, a benchmark in the US, is once again close to 110 dollars, rising 3%. The ounce of gold continues to lose ground and is already falling to 1,815 dollars, while the yield on the US 10-year bond rebounds to 2.93%.


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