Monday, August 2, 2021

U.S Stocks ended higher on tech led rally


Zubair Yaqoob
The author has diversified experience in investigative journalism. He is Chief content editor at
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U.S. Stocks closed higher after Ministry of Finance China announced to slice the taxes and increase infrastructure spending, following lackluster trade data earlier this week.

Technology share on Tuesday led by Netflix rallied the US stock markets after the company announced to increase the price of video streaming for the US subscribers. Netflix Inc NFLX rose to 0.10 % on Tuesday.

The Dow Jones Industrial Average DJIA, +0.65% closed up around 155 points, or 0.6%.


The S&P 500 SPX, +1.07% or 1.1% to finish at 2,610.  The Nasdaq Composite Index COMP, +1.71% or 1.7% to close at 7,024.



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