Wall Street starts rising after Powell’s appointment to Fed

(New York) The New York Stock Exchange started sharply higher on Monday after Jerome Powell’s reappointment as head of the American Central Bank (Fed): a few minutes after the opening, the Dow Jones advanced 0.39%, the NASDAQ 0.51%.



Friday, the Dow Jones index had dropped 0.75% to 35,602.18 points and the S&P 500 0.14% to 4697.96 points. The NASDAQ (+ 0.40%) had crossed 16,000 points for the first time, to a new record (16,057.44 points).

Over the week, the Dow Jones lost 1.4%, the S&P 500 is up 0.3% and the NASDAQ is up 1.4%.


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