23:36 – Wall Street finishes up, focused on business results

Wall Street finished higher on Tuesday, as markets move away from trade war fears to focus on the quarterly earnings season of strong-looking companies.According to final results at closing , its flagship index, the Dow Jones Industrial Average, gained 0.58% to 24,919.66 points. The Nasdaq, with a strong technological component, took 0.04% to 7,759.20 points. The broad S & P 500 index rose 0.35% to 2,793.84 points. "Markets are focused on corporate results," said Peter Cardillo of Spartan Capital. The season of quarterly accounts will actually start Friday with the figures of several big names of the bank. But already on Tuesday, PepsiCo posted a turnover exceeding expectations despite a decline in its profit. The price rose sharply (+ 4.76%) after this announcement. Of all the companies that make up the S & P 500, "badysts' expectations are about a 20% rise in profits, and we'll probably be beyond that," predicted Art Hogan of B. Riley FBR, which would lift the results. second quarter fairly close to those, historically high, the first. In this context of fairly general optimism, where ten of the eleven sector sub-indices that make up the S & P 500 rose on the session, "investors have put fears of trade war aside," said Cardillo. Despite Friday's imposition of punitive tariffs between the United States and China, the markets noted that "nothing has happened since then," Hogan said. The bond market tended very slightly: the yield on the US 10-year debt rose to 20:25 GMT to 2,866% against 2,856% Monday at the close and the 30-year-old advanced to 2.967% against 2.964% at the previous closing. (Belga)

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