Wall Street closes in green and the Dow rises 0.69%

New York, Aug 21 . .- Wall Street closed in green this Friday and its main indicator, the Dow Jones Industrials, rose 0.69%, encouraged by the boost in economic activity in August in the manufacturing and of service providers and the pull of Apple, whose shares appreciated 5.15%.

At the close of operations on the New York Stock Exchange, the Dow increased 190.60 points and stood at 27,930.33 units, supported by large corporations such as Apple (5.15%), Nike (1.61%), Home Depot (0.91%), Johnson & Johson (0.88%) and Walmart (0.81%).

At the other end of the table, Boeing (-1.22%), Raytheon (-1.18%), Exxon Mobil (-0.75%) and Microsoft (-0.72%) posted the worst results

The selective S&P 500 advanced 0.34% or 11.65 points, to 3,397.16 integers, and the Nasdaq index grew 0.42% or 46.85 points, to 11,311.80 integers.

By sectors, technology (1.21%) led the gains followed by non-essential goods (0.32%), industrial (0.29%) and essential goods (0.27%), while that the sectors with the most losses were energy (-0.63%), basic materials (-0.53%) and communications (-0.38%).

The New York parquet, which for the second day in a row started the day in red in a state of discouragement, and then traced with the advance of the hours to the green field, was encouraged by the data that indicate that the service sector registered its first increase since the beginning of the year, while manufacturers posted the fastest growth since January 2019, according to the IHS Markit firm.

“Customer demand increased both among manufacturers and among service providers, the IHS Markit economist said in a statement, underlining that” the renewed increase in sales in the service sector is welcome news. after five months of declines. “

During the week, the record reached by the S&P 500 stood out, which on August 18 surpassed the record that this index had reached on February 19, before the impact of the coronavirus, when it closed with a record of 3,386.15 points.

Also, on Wednesday Apple became the first company in the United States to reach a market value of two trillion dollars.

In other markets, the intermediate oil of Texas (WTI) closed this Friday with a fall of 1.1% to 42.34 dollars a barrel and at the close of Wall Street, gold fell to 1,946.40 dollars an ounce; the yield on the 10-year Treasury bond fell to 0.633% and the dollar gained ground against the euro, with a change of 1.1796.