Skip to content

Wall Street opens in green and the Dow Jones rises 0.40%

Wall Street It opened this Wednesday in green and the Dow Jones Industrials, its main indicator, rose 0.40%, as investors analyze the latest business results.

Ten minutes after the start of operations on the New York Stock Exchange, the Dow Jones stood at 35,091 units and the selective S&P 500 added 0.45%, up to 4,575 points.

For its part, the composite index of the Nasdaq market, in which the main technology companies are listed, gained 0.39%, to 14,410 integers.

Before the opening of the stock market, the American financial group Goldman Sachs announced on Wednesday net profits of 4,450 million dollars during the first half, 35% less than in the same period of 2022.

For its part, Nasdaq announced Wednesday that its net income for the second quarter of 2023 increased 4% compared to the second quarter of 2022 and that it earned 71 cents per share on an adjusted basis for the three months ended June 30, exceeding analyst estimates.

At the close of the New York stock market, it will be Netflix, Tesla, IBM and United Airlines, which will announce their business results.

So far, the second quarter earnings season is off to a good start. Of the S&P 500 companies that have reported results, 82% have exceeded expectations, according to FactSet data.

By sectors, the greatest gains were for real estate and public services, which rose 1.65% and 0.11% respectively, while the only losses were for raw materials and industrial, which remained 0 .35% and 0.11%, respectively.

Among the 30 Dow Jones stocks, the companies with the biggest losses were Goldman Sachs (-1.02%) and JPMorgan (-0.75%), while the biggest gains were for Verizon (4.2%) and Salesforce (2 .76%).

Source: Elcomercio

Share this article:
globalhappenings news.jpg
most popular