Major US stock indexes finished trading in positive territory

Major US stock indices rose sharply as retailer stocks rose against expectations of strong sales on Cyber ​​Monday, while quotes from a number of popular technology companies rebounded after a significant drop last week.

Positive dynamics in oil prices also supported the papers of energy companies. Oil prices rose by about 2.5% on Monday, partially recovering from a 7% collapse during the previous session, although uncertainty about global economic growth limited growth.

Investors are also preparing for a speech by Federal Reserve Chairman (FED) Jerome Powell and a meeting of US and Chinese leaders at a G20 summit later this week.

In addition, the data provided by the Federal Reserve Bank of Dallas, showed that in November, the business activity of Texas producers deteriorated significantly, and turned out to be lower than experts' forecasts. According to the report, the production index of the Dallas Fed in November fell to 17.6 points from 29.4 points in October. Analysts had expected a decline to only 25.0 points.

Most of the components of DOW finished trading in positive territory (27 out of 30). The growth leader was the shares of American Express Co. (AXP, + 3.66%). The outsiders were United Technologies Corporation (UTX, -0.72%).

All sectors of the S & P recorded an increase. The technological sector grew the most (+ 2.2%).

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