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Get Wall Street to buy a Cyber ​​Monday



Wall Street recovered on Monday, as favorable hunters came back after last week's falls and sales expectations at the end of the year to boost retail stock prices.

Industrial Average Dow Jones grew 1.46 percent to 24,640 points, S & P 500 from 1.55 percent to 2,673 points, and Nasdaq rose 2.06 percent to 7,081 points.

All three indices recorded the highest percentage of gains in almost three weeks. On Friday, S & P 500 took 10.2 percent below the record level, confirming another adjustment this year.

An online purchase is expected, and retailers are trying to entice consumers with a wave discount and free shipping. Cyber ​​Monday's costs were set at record $ 7.8 billion in the United States, according to Adobe Analytics.

"What we see today is a set," said Paul Nolte, portfolio manager at Kingsview Asset Management. "It's a Cyber ​​Monday on Wall Street."

Ecommerce div Amazon.com grew by 5.3 percent, giving the largest growth for both the Nasdaq and the S & P index, which grew by 3.1 percent.

Brent's cash earnings had the highest percentage of gains in five months, driven by falling US stocks and growing fears of supply. It has increased its energy share by 1.7 percent. Brenta prices have fallen by almost 30 percent since the beginning of October.

Meanwhile, General Motors announced it will cut production, eliminate weak sales models, and cut down its North American staff in the largest restructuring of car manufacturers since recovery ten years ago. Stocks ended with an increase of 4.8 percent.

Reuters
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