Wednesday , October 5 2022

Eagerly held in New York


The New York Stock Exchange ended Wednesday with a top fan. The S & P 500 rose 2.1 percent, the largest daily increase since the 1980s. The technicians went on.

Result The mid-elections in the US, when the Democrats gained a majority in the House of Representatives, but the Republicans retained a Senate. The S & P 500 ended 2.1 percent, the best daily increase since the 1982 presidential election.

Dow Jones rose 2.1 percent, while the Nasdaq 100 rose 3.1 percent.

FAANG companies started running after the uneasy start of the week. E-commerce giant Amazon has increased its intact strength and ended just below 6.9 percent with the flowing giant Netflix hacked at the heel with a 5.4 percent increase.

Pharmaceutical company Davita, where Warren Buffets Berkshire Hathaway is the main 23-percent owner, had a special reason to celebrate voters in the State of California, voted a proposal limiting how many businesses can earn on dialysis patients.

Davita, which has spent $ 66.6 million on a campaign against the proposal, grew by 10.1 percent.

Even the insurance companies Cenete and Wellcare Health Plan belonged to the voters following an initiative to extend the health insurance system in several countries that won the mark on Tuesday's elections. Shares rose by 9.2 percent and 7.4 percent.

Two retail companies such as recently reported weaker news than S & P 500 lower-end investors expected. The Michael Kors clothing brand ended 14.6 percent, while Coty made up 22.6 percent.

Instead, the Cimarex power company offered the highest increase after a quarterly report showing that oil production grew 13 percent yoy over the quarter, while the company reiterated its previous forecast of investment. Shares rose 12 percent.

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