The Trading Room

The Dow Jones Industrial Average rose 0.85% to end at 26,870.03 points, while the S&P 500 gained 0.91% to 3,226.55

The secondary bond market on the Nairobi Securities Exchange recorded a slight decline in activity with bonds worth Kes 2.00 Billion achieved in 133  deals.

The ratings on Kenya are nevertheless supported by its diversified economic base, including its large and diversified agricultural and services sectors, relative to peers, which should help cushion its economy.

The Japanese yen traded at 107.22 per dollar after touching levels around 107.4 against the greenback yesterday. The Australian dollar changed hands at $0.7008 after rising from levels below $0.694 yesterday.

Delta Air Lines Inc ended down 2.65% after it warned it will be more than two years before the industry sees a sustainable recovery from the “staggering” impact of the coronavirus pandemic, with demand largely...