Wall Street closed this Friday in mixed territory and the Dow Jones Industrials, its main indicator, advanced a very slight 0.01%, scoring its tenth consecutive day on the rise, something that it had not achieved since August 2017.
At the close of business in New York, the Dow Jones stood at 35,227.69 points, while the selective S&P 500 rose 0.03% to 4,536.34.
The Nasdaq Composite Index, in which the big technology companies are listed, stabilized after clear losses on Thursday, but ended again in the red, with a loss of 0.22%, to 14,032.81.
While the Nasdaq closed lower again, the Dow Jones He managed -by very little- to keep his positive streak alive, which has now lasted ten days, something that had not been seen in almost six years.
In a week marked by the results of large American companies, today was the turn among others of American Express, which announced earnings in the second quarter of 2.89 dollars (2.59 euros at today’s exchange rate) per share on revenues of US$ 15,054 million.
But those figures were below market expectations and consequently the company’s shares fell 3.86%, the largest drop among the thirty stocks in the Dow Jones.
Caterpillar (-1.32%), Microsoft (-0.89%) or Boeing (-0.85%) also fell, while on the other side the gains of Intel (1.95%), MSD (1.79%) and Procter & Gamble (1.57%) stood out.
Outside of that index, Tesla closed again with losses of just over 1%, extending the sharp decline it had suffered on Thursday.
In other markets, Texas oil closed at US$77.07 and at the end of the trading session gold fell to US$1,963.5 an ounce, the yield on the ten-year US bond fell to 3.837% and the dollar remained stable against the euro, with a change of 1.113.
I am John Casanova. I am an author at 24 news recorder and mostly cover economy news. I have a great interest in the stock market and have been writing about it for many years. I am also interested in real estate and have written several articles on the subject. I am a very experienced investor and have a lot of knowledge to share with others.