As US markets opened, the Dow Jones slipped slightly, down 0.03% to 8328.95 points following a strong rally yesterday on the back of hopes for an economic recovery.
General Electric was the biggest winner, rising 1.27% to $11.61 ahead of its second-quarter earnings, scheduled to be reported Friday. Chevron also rose 0.62% to 62.83. Travelers Company was the biggest loser, dropping 1.98% to 39.60 and American Express dropped 1.67% to 24.11. The FTSE 100 index continued to rise this afternoon buoyed by rising metal prices, up 0.69% to 4231.19 points. Miners rallied after a slip yesterday with silver miner Fresnillo leading the pack with a gain of 12.33% taking its share price to £5.28 following on from an improving outlook for silver. The mi...
To continue reading this article...
Join Investment Week for free
Signup and gain exclusive members-only insights - all free of charge!
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes
