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Forum » Allgemeines » Interessantes » Street's fear gauge, decreased 0.92 perc

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Street's fear gauge, decreased 0.92 perc

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Posts: 528
# 15.03.2019 - 06:22:44

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NEW YORK, March 9 (Xinhua) -- U.S. stocks posted modest gains on Monday, as investors re-assessed the impact of February's strong jobs data while no major releases are due during the day.

The Dow Jones Industrial Average jumped 138.94 points, or 0.78 percent, to 17,995.72. The S&P 500 added 8.17 points Adam Lallana Shirt , or 0.39 percent, to 2,079.43. The Nasdaq Composite Index was up 15.07 points, or 0.31 percent, to 4,942.44.

U.S. equities witnessed a sharp decline Friday, as investors worried that a strong monthly jobs report heightened speculations that the Federal Reserve could raise interest rates sooner than expected.

Traders were wondering that the markets might overreact to the jobs report Alberto Moreno Shirt , as hourly wages only ticked up 0.1 percent, missing market consensus.

The coming week's economic-data schedule looks light, while Thursday's release of retail sales will be the economic highlight of the week.

Apple was in focus Monday as the tech giant unveiled its first wearable product, known as Apple Watch. The smart watch is the company's newest device in years. Its previous device, iPad, was released in 2010.

Priced at 349 U.S. dollars for the base model, Apple Watch works mostly with iPhone and claims to carry more features and facilitates more applications Daniel Sturridge Shirt , or apps, than parallel products on the market.

Among basic functions, it shows email, texts and phone calls, news and fitness readings, as well as weather forecast and personal schedules.

Apple also announced a series of updates to some of the company 's products and services before unveiling Apple Watch.

Apple shares climbed as much as 2.35 percent following the announcement of its updates, but then shaved most gains to end mildly higher Jordan Henderson Shirt , up 0.43 percent to 127.14 dollars apiece, as markets were kind of disappointed about the wearable product.

Overseas, the European Central Bank began its 60 billion euros per month bond buying program on Monday with the aim to fend off deflation and boost the eurozone economy by pumping more money into the real economy.

The CBOE Volatility Index, often referred to as Wall Street's fear gauge, decreased 0.92 percent to end at 15.06 Monday.

In other markets, U.S. crude price rebounded as investors re- evaluated the impact of robust February jobs data.

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