(Reuters) – The New York Stock Exchange opened up on Monday, while investors analyze the trade agreement concluded on Sunday between the European Union (EU) and the United States.
In the first exchanges, the Dow Jones index earns 38.02 points, or 0.08%, at 44,939.94 points and the Standard & Poor’s 500, wider, increased from 0.13% to 6,397.01 points.
The Nasdaq Composite takes 0.30%, or 62.17 points, at 21,170.49 points.
The EU and the United States concluded on Sunday, a trade agreement establishing customs duties of 15% on most of the 27 member states products while President Donald Trump threatened to impose 30% from European exports from August 1.
Even if the agreement has advantages, especially for certain sectors, it is unbalanced and does not include a section on services, according to several French political leaders.
In addition, the United States and China will resume its commercial negotiations on Monday in Stockholm, Sweden, in order to extend their truce in terms of customs duties.
It is the beginning of a week rich in events, with in particular the monetary policy meetings of the American Federal Reserve (Fed) and the Bank of Japan (BOJ), while the season of financial results continues.
At the values, Celcuity increased by 206.68% after declaring on Monday that his combined experimental treatment had delayed the increase in a type of advanced breast cancer.
Nike advances 2.74% after JP Morgan noted its recommendation on the action to “overlap” against “neutral”.
REVVITY declined by 9.33% after having revised its adjusted profit forecast on Monday for the whole year.
(Written by Mara Vîlcu, edited by Kate Entringer)
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