New York (AFP)
The New York Stock Exchange ended in the green Tuesday in a market refusing to show the slightest sign of breathlessness and supported by the big technology stocks.
Its flagship index, the Dow Jones Industrial Average gained 0.50% to 26,155.28 points.
The Nasdaq took 0.74% to 10,131.37 points, finishing at a record for the second consecutive session.
The broad S&P 500 index appreciated by 0.43% to 3,131.29 points.
Several tech giants, including Apple (+ 2.13%), Amazon (+ 1.86%), Facebook (+ 1.26%) and Microsoft (+ 0.67%), saw their titles reach a historic high .
Apple particularly impressed in the aftermath of major announcements at its annual developer conference, including the group's decision to make its own chips for its Mac computers and to abandon its long-standing partnership with Intel (-0.28% ).
For its part, Amazon announced Tuesday the creation of an investment fund with $ 2 billion to finance companies that will achieve "a zero carbon economy".
The place in New York therefore continues its frantic race forward, rising almost continuously since its plunge in late March.
"Those who bet in a bull market are winning," said Art Hogan of National Holdings, who highlights the improvement in several US economic data in recent weeks.
Latest example, sales of new homes in the United States rebounded strongly (+ 16.6%) in May and are also well above their level of last year, according to data from the Commerce Department published Tuesday.
However, according to Hogan, the market remains fragile and a downturn cannot be ruled out, especially if the increase in the number of Covid-19 contaminations caused a slowdown in the economic recovery in the United States.
"If we have two weeks in a row where cases increase by 5%, I think this market will press the brake pedal fairly quickly," said the expert.
On the bond market, the 10-year rate on the American debt rose, standing at 0.7102% around 8:30 p.m. GMT against 0.7085% Monday evening.
© 2020 AFP