blockchainreporter
  • News
    • Altcoins
    • Bitcoin
    • Blockchain
    • Ethereum
    • Adoption
    • NFT
    • DeFi
    • Metaverse
  • Education
  • Glossary
  • Advertise
No Result
View All Result
BET NOW
blockchainreporter
  • News
    • Altcoins
    • Bitcoin
    • Blockchain
    • Ethereum
    • Adoption
    • NFT
    • DeFi
    • Metaverse
  • Education
  • Glossary
  • Advertise
No Result
View All Result
blockchainreporter
BET NOW
No Result
View All Result
Bitcoin
BTC
1d:
7d:
Ethereum
ETH
1d:
7d:
Polkadot
DOT
1d:
7d:
Solana
SOL
1d:
7d:
Ripple
XRP
1d:
7d:
Shiba INU
SHIB
1d:
7d:

US Markets News: Positive News Pushes S&P 0.7 Percent Up; Tech Stocks Gain

Umair Younas by Umair Younas
March 14, 2019 - 4:00 am
in blockchain news
0
tech
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter
  • Tech shares show a climbing curve after receiving solid economic news
  • Equities register gains in the wake of the Commerce Departments booster remarks
  • Construction spending goes up in light of Public-project investments

Stocks closed on a high note on March 13, 2019, after tech shares displayed positive gains and shareholders received encouragement from solid economic news.

This came after the Dow closed 148 points higher, whereas the S&P had positive gains at 0.7 percent ending up above 2,800 points, an executive level watched by investors. These new levels are the highest in 2019 which place it on a three-day winning index. The NASDAQ also showed enormous potential after it made a 0.7 percent gain.

The tech sector S&P made 0.7 percent in gains. This was led by 375 points increase in Nvidia shares. Chipmakers rose after VanEck Vectors Semiconductors ETF (SMH) made a 0.4 percent advancement. Tech shares have been on the rise this week with the sector rising more than 3.5 percent.

Netflix, Facebook, Alphabet, Apple, and Amazon all made a positive gain after closing high in the market.

“The move in tech, it almost feels like they’re sniffing out something is coming” on the U.S.-China trade front, said Quincy Krosby, a chief market strategist at Prudential Financial. “The moves in the semis and Apple are suggesting a deal may be in the coming weeks; perhaps not at the end of March, but sometime in the near future.”

Equities Make Progress after Commerce Departments

Equities registered a positive boost after the nondefense durable goods received tremendous feedback from the Commerce Department, posting their most significant increase in six months, gaining 0.8 percent. In retrospect, durable goods orders rose 0.4 percent whereas economists polled by Refinitiv were expected to post a decline of 0.5 percent.

Public-project investments boosted the U.S. construction spending which rose 1.3 percent posting its massive increase in nine months, overshadowing a weaker than expected footprint on the producer price index.

CNBC came into the realization that J.P Morgan Chase was expanding into several markets, inclusive of others dominated by Bank of America closing at 0.3 percent share boost. Shares from other banks also rose with Bank of America and Citigroup making a 1 percent advancement each.

Tags: AppleFacebookGoogle
ShareTweet
Umair Younas

Umair Younas

Umair Younas is a cryptocurrency-related content writer linked with this work since 2019. Here, at Blockchainreporter, he serves as a news and article writer. He is a crypto, blockchain, NFTs, DeFi, and FinTech enthusiast. He has strong command over writing authentic reviews about brokers and exchanges and he has collaborated with our education team to write educational content as well. He has a dream to raise awareness among people about digital currencies. His works are well-researched and brimmed with information hence they provide fresh insights. Stay tuned to his posts if you want to stay up-to-date with the crypto-verse.

Recommended For You

Ankr Becomes a Pioneer RPC Provider for Horizen’s EON, an EVM-Compatible Smart Contracting Platform

by Mushu Butt
June 6, 2023 - 1:00 pm
0
photo

Ankr joins forces with Horizen as one of the first RPC service providers for EON, Horizen's groundbreaking EVM-compatible smart contracting platform.

Read more

SushiSwap Announces a Collaboration with ThunderCore to Innovate the Web3 Gaming Sector

by Umair Younas
June 6, 2023 - 11:15 am
0

The integration between SushiSwap and ThunderCore attempts to enable liquidity providers (LPs) to eagerly predict boosted APRs.

Read more

Power Browser Joins Forces with .bit to Redefine Web3 Through Decentralized Identity

by Shayan Chowdhury
June 6, 2023 - 8:45 am
0
power browser bit

Explore how Power Browser and .bit partner to transform Web3 through decentralized identity, enhancing user privacy, security, and control. 

Read more

METAVERTU Revolutionizes ChatGPT Integration with Free Access and Advanced Features

by Josh Fernandez
June 5, 2023 - 8:00 pm
0
metavertu chatgpt

Discover how METAVERTU revolutionizes ChatGPT integration, offering a superior, feature-rich AI experience free of charge.

Read more

Equilibria Finance Releases Latest Token Structure for Its Native Token

by Umair Younas
June 5, 2023 - 1:26 pm
0
Equilibria finance

The open allocation agenda thereof not just increases the versatility and functionality of Equlibria Finance but also promotes active participation.

Read more
Next Post
housing

US Markets News: Meager Changes in Stocks Amid Trade and Housing Concerns

PARTNERS LIST

  • sp
  • Coingecko

PRESS RELEASE

BJaoVqYT

BinaryX and AiGC Labs Developing First AI-Powered Virtual Reality Game on the Metaverse

by Chainwire
June 7, 2023 - 4:06 am
0

Singapore, Singapore, June 7th, 2023, ChainwireBinaryX today announced their plans to expand into Virtual Reality (VR) and Artificial Intelligence Game...

CatalystiuGIbVuck

CoinMarketCap Web3 Conference “Catalyst” Early-Bird Registration Now Open

by Chainwire
June 6, 2023 - 4:48 pm
0

London, United Kingdom, June 6th, 2023, ChainwireCoinMarketCap’s flagship Web3 conference "Catalyst" has opened early-bird registration. The conference will take place...

blockchain wave conference

Blockchain Wave 2023

by Max Clark
June 6, 2023 - 2:47 pm
0

Blockchain Wave 2023: Join us in Antalya, Turkey for the biggest annual blockchain summit, featuring industry-leading speakers, and innovative startups.

photox

Coinbase and OpenSea Struggle to Keep up with HedgeUp (HDUP) Asset Backed NFT Platform

by Max Clark
June 6, 2023 - 12:29 pm
0

Explore HedgeUp's (HDUP) innovative asset-backed NFT platform that's reshaping digital assets and challenging leaders like Coinbase and Opensea.

n

BlockchainReporter is a trusted name in the cryptocurrency and blockchain technology news space, keeping its readers abreast of the latest and most significant trends in the industry.

Here at BlockchainReporter, our team of global writers is dedicated to providing price analysis on leading cryptocurrencies and covering the latest developments pertaining to bitcoin news, altcoins news, blockchain news, NFT news and cryptocurrency adoption news from around the world.

News

  • Altcoins
  • Bitcoin
  • Blockchain
  • Ethereum
  • Adoption
  • NFT
  • DeFi
  • Metaverse

Info

  • Education
  • Glossary
  • Market
  • Press Release

Company

  • About Us
  • Terms & Conditions
  • Advertise
  • Sitemap
  • Contact

@2022 – Blockchainreporter.net. All Right Reserved.

No Result
View All Result
  • News
    • Altcoins
    • Bitcoin
    • Blockchain
    • Ethereum
    • Adoption
    • NFT
    • DeFi
    • Metaverse
  • Education
  • Glossary
  • Advertise