Wednesday, February 5, 2025

The Dow Jones Industrial Average is up 0.21% at 34869.37 points

Date:





Presented by W Al Watan

U.S. Stock Exchange indices on the New York Stock Exchange recorded mixed performance at the close of trading sessions, and the “New York Stock Exchange” index recorded mixed performance.Dow Jones IndustrialAccording to the Saudi Press Agency (SPA) recorded 71.37 points or 0.21% increase to 34869.37 points.

The Nasdaq Joint Index was down 77.73 points

The Nasdaq Joint Index fell 77.73 points, or 0.52%, to 14,969.97 points.Standard & Poor 50012.37 points or 0.28% lower at 4,443.11 points.

Brent crude was up 1.8 percent at $ 79.53 a barrel

In the context of this, oil prices rose for the fifth consecutive session on Monday, and “Brent crude” rose $ 1.44, or 1.8 percent, to $ 79.53 a barrel.

The US crude futures rose $ 1.47 or 2% to $ 75.45 a barrel.

In another context, Beijing criticized the World Trade Organization’s ruling in a dispute with Washington over US measures to curb the import of solar panels.

The U.S. imposed a tariff and quota system in 2018 following complaints from U.S. manufacturers that imports of some crystalline silicon photovoltaic cells had increased.

A panel on “World Trade” rejected China’s four claims and said US actions did not violate global trade rules, with Beijing saying last week that it would appeal the decision.

China described the organisation’s ruling as “false and dangerous” and said the ruling promotes trade protectionism, but Washington said the United States was disappointed that Beijing had now decided to go ahead with the report, despite China’s harmful evidence. Market practices.

It is noteworthy that by gradually reducing the tariff rate by 30% from the initial phase rate, US preventive measures will last for 4 years.

See also  Future iPhone ?! Patent reveals an "exciting design" that Apple works with!
Nadia Barnett
Nadia Barnett
"Award-winning beer geek. Extreme coffeeaholic. Introvert. Avid travel specialist. Hipster-friendly communicator."

Share post:

Popular

More like this
Related

Choosing Construction ERP Software in the UAE: Key Features and Benefits

Enterprise Resource Planning (ERP) software is a comprehensive suite...

Dubai New Year New Fitness Goals – Gyms Anticipate Memberships to Surge by up to 30%

As the New Year approaches, fitness centers across Dubai...

Where to Get Professional Marketing Services in Dubai: The Importance of Digital Marketing

Establishing a robust online presence is crucial for businesses,...

Best HydraFacial Clinic in Dubai: The Magic of Radiant Skin

Many of us desire glowing, refreshed skin that enhances...