FED announcement helped Wall Street ending in green Monday; European markets close lower as coronavirus concerns linger; BELEX15 ends 0.2% lower with daily volume among record lows
Stocks jumped on Monday, recovering from earlier losses, as the Federal Reserve announced further measures to support the market amid the coronavirus pandemic.
The Dow Jones Industrial Average closed 157.62 points higher, or 0.6%, to close at 25,763.16. The S&P 500 gained 0.8% to end the day at 3,066.59 while the Nasdaq Composite advanced 1.4% to 9,726.02.
Shares of Facebook, Amazon, Netflix and Apple led the gains, rising more than 1% each. JPMorgan Chase, Citigroup, Wells Fargo and Bank of America gained at least 0.8%.

European stocks ended the day in the red on Monday, amid concerns over a resurgence of the coronavirus in Asia and the U.S. as lockdowns are eased.
The pan-European Stoxx 600 recovered the majority of its steep earlier losses, but still finished around 0.2% lower. Germany’s DAX fell around 0.3%, France’s CAC 40 ended the day provisionally 0.4% lower, and the U.K.’s FTSE 100 closed down around 0.8%.

Serbian BELEX15 was down 0.2% as NIS lost 0.82%, while market trade volume was probably at record daily low – we saw only 9 ths EUR traded. Most active name, in these poor terms, was Alfa Plam with RSD 0.7m in volume.
According to the data of the Statistical Office of the Republic of Serbia, y-o-y inflation remained stable and equaled 0.7% in May, in line with NBS expectations and close to the April level. In monthly terms, consumer prices in May edged down 0.2%, mostly due to the lower prices of petroleum products and seasonally lower vegetable prices.
Source: CNBC, Ilirika