New York (AFP)

The New York Stock Exchange concluded in dispersed order Monday at the start of a busy week between corporate results and the monetary meeting of the American Central Bank (Fed), the Nasdaq and the S&P, however, ending at records.

According to final results at the close of a volatile session, the Dow Jones slipped 0.12% to 30,960.00 points.

The tech-heavy Nasdaq, on the other hand, advanced to a new high of 13,635.99 points, up 0.69%, while the S&P 500 narrowly reached a new high of 3,855.36 points up 0.36%.

"Caution was required at the start of one of the busiest weeks of the earnings season and as the Federal Reserve will hold its first monetary meeting in 2021," Schwab analysts summarized.

"The markets are digesting favorable news regarding the fight against Covid-19 and its variants after Moderna announced that its vaccine should be effective against mutations in the virus coming from the United Kingdom or South Africa," added these analysts.

Seven of the eleven sectors of the S&P 500 remained in the green including services (+ 1.95%) and information technologies (+ 0.88%).

On the macroeconomic front, President Joe Biden's massive $ 1.9 trillion stimulus plan met "resistance from both sides" over the weekend, Wells Fargo analysts noted, noting that the timing of these measures remained uncertain.

Among the many expected business results, those of the paper maker Kimberly-Clark (+ 3.25%) were well received while, in particular because of the epidemic, its sales of disposable tissues and toilet paper have jumped.

But the group warned of a rise in commodity prices to come.

The next days are expected in particular, the results of heavyweights like Apple, Facebook and Microsoft as well as Boeing and Tesla.

The markets will watch the press conference of Fed Chairman Jerome Powell on Wednesday.

Thursday, they will have to digest the first estimate of the US Gross Domestic Product for the last quarter of 2020.

Stock market soap of the moment, the American chain of video game stores GameStop, whose quotation was suspended at the beginning of the session because of too much volatility, again climbed 18.12% under the effect of speculative mechanisms, unrelated to the actual performance of the company.

Since the start of the year, the stock has taken off nearly 300% on the New York Stock Exchange, which leaves even the most fervent supporters of the company perplexed, while its economic model of physical stores seems outdated. .

The title of the day was Apple, which reached a record in session, and ended up 2.77% to 142.92 dollars.

In the bond market, the 10-year yield on Treasury bills fell to 1.0295% from 1.0855% on Friday.

© 2021 AFP