Fundamental analysis
06 September, 2021
At the end of the Asian session, futures tied to this index (subject to trading on the MT4 platform) recorded an increase of 0,19%. Mixed results of the American stock exchange indices were recorded on Friday. On the one hand, data from Friday showed a rather worse state of the US labor market (than expected) in August, which dragged the indices down. On the other hand, however, it was also a signal that the US Federal Reserve would continue its ultra-light monetary policy in the following period, which is encouraging. The Dow Jones dropped 74 points, while the S&P500 closed at 4535,43 points, which is a decline of 0,03%. Technology-based Nasdaq rose 0,21%. Apple (+ 0.42%) and Visa (+ 0.41%) stood out among the winners, and Intel (-0.41%) and Exxon Mobil (-0.38%) among the losers. Since the turn of the year, the index has risen 20,75%. There is still fresh money in abundance, so for now it seems that the upward trend of the index is not in danger.
