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- Expert view
The revival of Chinese economy and the unexpected increase in activity in the US services sector had a positive effect on the dynamics of the US stock market on Monday.
The previous week began with mixed dynamics of oil quotes.
At the beginning of the week oil quotes began to grow steadily.
Monday began for the US stock market with a moderate increase in major stock indices.
Oil quotes at the beginning of last week went up sharply.
On Monday the news that the Fed will directly buy corporate bonds became the main driver of US stock market growth.
Oil quotes began last week with strong growth after statements by the Minister of Energy of the UAE Suhel al-Mazrui on the fulfillment by OPEC + of the agreement.
Growing hopes for economic recovery after the publication of data on US employment growth pushed major US stock indexes to more than 1% growth.
Oil quotes began last week to decline after a long rally.
The US stock market began last week with moderate growth as investors weighted the prospects for economic recovery after the pandemic amid ongoing protests in the United States and the escalation of tensions between Washington and Beijing.
