Wall Street closes week of strong rebound after Omicron fears

The main stock indices of the United States closed with gains this Friday, after it was known that US inflation, rose in line with the expectations of the market, taking pressure off the negotiations. Thus, Wall Street a week of strong rebound ended in green.

The Dow Jones, made up of 30 industrial giants, gained 0.60% with a level of 35,970.99 points, and in the week it advanced 4.03 percent. The S&P 500, of 500 values, rose 0.95% to 4,712.02 units, with 3.80% weekly. The Nasdaq technological moved 0.73% to 15,630.60 points, and in the week, 3.61 percent.

The inflation figures published in the United States this Friday were in line with what the market expected, and diluted fears of a strong increase that would cause an aggressive cycle of monetary policy adjustments by the Federal Reserve. That added to the slightest fear of the Omicron variant.

Among issuers, Oracle Corp shares stood out, climbing 15.56% after the business software maker forecast an optimistic outlook for its third-quarter results. The big mega-capitalization technology companies Apple Inc Y Microsoft they were up almost 3 percent.

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Reference-www.eleconomista.com.mx

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