Good quarterly technology figures support indexes



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New York stock market

For the Nasdaq 100 technology selection index, it rose 2.41 percent after the presentation of a large number of Microsoft, Twitter and Tesla.

(Photo: AFP)

New YorkUS equity markets have rebounded since 2011 after the largest decline in technology stocks. Interesting numbers published by companies such as Microsoft, Ford and Twitter contributed to the market on Thursday, traders said. In addition, bargain hunters were on their way.

The most important clues

The Dow Jones Index of Standards closed up 1.6% to 24,984 points. The broad S & P 500 rose 1.9% to 2705 points. The Nasdaq stock market index rose 3% to 7318 positions.

But yesterday's worries have not gone away, said Omar Aguilar, equity strategist at Charles Schwab Investment Management. On Wednesday, the Nasdaq had lost 4.4% after chip makers Texas Instruments and STMicro had warned of a weakening of demand and raised the question of whether the expected profits of companies could be too high.

Unique values ​​at a glance

Finally, at Microsoft, a flourishing cloud activity and a high demand for desktop software "Office 365" let the boxes ring. During the last quarter, earnings increased by one-third to $ 8.8 billion. The turnover of the world's largest software provider has increased by 19%. Shares rose 5.8%.

Twitter newspapers gained 15.5%. The short message service has significantly increased its revenues despite a decline in the number of users.

Tesla also rolled in the fast lane. The shares of the electric car pioneer increased by 9.1% thanks to the first quarter profit in two years.

At Ford, it was even 9.9% uphill. The second-largest US automaker posted better-than-expected earnings in the third quarter and reiterated its outlook for the year.

For Hershey, however, it dropped 4.9%. Quarterly sales of producer KitKat remained slightly below market expectations and profits declined.

What else is important

About 1.2 billion shares have changed hands on the New York Stock Exchange. 2561 values ​​increased, 1089 decreased and 169 remained unchanged. On the Nasdaq closed at 2,774 shares in sales, 895 in negative and 153 unchanged in sales of 2.7 billion shares.

Ten-year government bonds fell from 02/32 to 97-26 / 32 in US credit markets. They returned 3.137 percent. The 30-year bonds yielded 02/32 to 93-14 / 32 and 3.33496 percent.

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