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Main U.S. Indexes Closed In The Green On Tuesday, Europe Mostly Positive

London, Tuesday, 19 October 2021

The Dow Jones and S&P 500 reached all-time highs as investors welcomed a better than expected earnings report. The report relieved concerns that pressure due to continuous Covid cases and rising costs would slow down the recovery.

S&P 500: +0.74%

Down Jones: +0.57%

Nasdaq: +0.71%

Health care stocks led the gainers on the day.

Johnson & Johnson (NYSE: JNJ): +2%

Edwards Lifesciences (NYSE: EW): +2%

Boston Scientific (NYSE: BSX): +3.11%

Intuitive Surgical (NASDAQ: ISRG): +1%

Procter & Gamble (NYSE: PG): -1.18%

Tech stocks continued their positive start to the week, supported by a rise in Apple (NASDAQ: AAPL), as the tech giant's new Macbook Pro line, powered by upgraded M1 chips, drew positive comments from Wall Street.

ProShares Bitcoin Strategy ETF (NYSE: BITO), trading under the ticker "BITO," rose nearly 1% in its trading debut.

Bitcoin rose nearly 3% to $63,800, just shy of its all-time high of $64,778, boosting crypto-related stocks.

Marathon Digital (NASDAQ: MARA), Coinbase (NASDAQ: COIN), Riot Blockchain (NASDAQ: RIOT)

were more than 3% higher.

Europe mostly positive

With the exception of France, all major indices closed in a positive territory.

STOXX Europe 600: +0.33%

FTSE 100: +0.19%

DAX 30: +0.27%

CAC 40: -0.05%

FTSE MIB 30: +0.25%

IBEX: +0.67%

(Written and edited by: The Decision Maker)


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