New York (AFP)

Wall Street ended up on Monday, driven by technology giants Google, Amazon, Facebook and Apple, which will unveil their quarterly results this week, and closely following negotiations on a new stimulus plan in the United States.

Its flagship index, the Dow Jones, appreciated 0.43% to 26,584.77 points.

The Nasdaq, with a strong technological coloring, gained 1.67% to 3,239.51 points and the extended S&P 500 index rose 0.74% to 3,239.41 points.

The market was driven by the good health of GAFA - Google (+ 1.41% for its parent company Alphabet), Amazon (+ 1.54%), Facebook (+ 1.21%) and Apple (+2, 37%) - who will publish their respective quarterly reports this week.

The bosses of these four behemoths will also be questioned on Wednesday by US parliamentarians as part of an investigation into possible abuses of a dominant position and the relevance of existing antitrust laws.

Monday's GAFA stock market advance "suggests that the market is not worried about regulatory risks and believes these companies are in a good business position," observes Patrick O'Hare of Briefing.com.

Boeing, McDonald's and Starbucks are among the other major groups on Wall Street that will report their income and profit or loss from April to June.

Just over a quarter of the 500 companies listed on the S&P 500 published their figures for this period.

According to data from the specialist firm Factset, they posted a decline of nearly 43% in their quarterly growth.

Wall Street has also stayed abreast of the progress of discussions in Congress around a new aid plan to support the economy in the face of the economic impact of the new coronavirus.

U.S. Treasury Secretary Steven Mnuchin said he was optimistic Sunday on Fox News about their ability to reach consensus, as Senate Republicans planned to introduce a bill on Monday.

White House economic adviser Larry Kudlow told him on CNN on Sunday that a new check for 1,200 dollars (1,020 euros during Monday) would undoubtedly be sent to the Americans and that the moratorium on the eviction of tenants who did not not paid their rent would be lengthened.

Among the indicators, durable goods orders in the United States jumped in June, for the second month in a row after the April plunge due to Covid-19, increasing by 7.3%, an increase above expectations , according to data released by the Commerce Department.

Market participants will also follow the Fed's monetary meeting on Tuesday and Wednesday, but are not waiting for a major announcement.

In the bond market, the 10-year rate on US debt rose to 0.6085% around 8:15 pm GMT against 0.5888% on Friday evening.

© 2020 AFP