The US stock indices closed the trading session on Friday, July 1, 2022, at the end of the week’s trading with a noticeable rise, following strong losses in the first half of this year that pushed most of the indices to enter the bear market stage.
American indices in the session Friday, July 1, 2022
The Dow Jones Industrial Average rose by 1.05%, or 321 points, to record 31097 points, but recorded weekly losses of regarding 1.3%.
The broader “Standard & Poor’s 500” index also rose by 1.06%, or 40 points, to record 3825 points, but it fell 2.2% in a week.
The “Nasdaq” index rose by 0.9%, or 99 points, to record the level of 11,127 points, but it fell by 4.1% in a week.
The performance of US stocks in the session, Friday, July 1, 2022
The US stock market succeeded in achieving gains in the first sessions of July, following strong losses in the first half of this year that prompted most indices to enter the bear market stage.
Shares of “General Motors” rose 1.3%, despite the company’s warning today that profits in the second quarter will be affected by supply chain problems.
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European and Japanese stocks in the session Friday, July 1, 2022
With regard to European markets, during Friday’s session, July 1, 2022, the European “Stoxx 600” index stabilized, recording the level of 407 points, and the French “CAC” index rose by 0.1%, or the equivalent of 8 points, to record the level of 5931 points.
The German “DAX” index rose 0.2% by regarding 29 points to 12813 points, and the British “FTSE 100” index settled, recording the level of 7,169 points.
In Japan, the “Nikkei” index fell by 1.7%, recording the level of 25,935 points, and the broader “TOPIX” index fell by 1.4% at the level of 1845 points.