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The stock market has got off to a good start today, the profits of Twitter (TWTR) Lockheed Martin (LMT) and two Dow Jones shares contributed to Tuesday's modest gains.
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Nasdaq rose 0.4%, while the S & P 500 added 0.2%. (For updates on this story and other market coverage, visit Stock market today.)
Dow Jones industrials edged up 0.1%, Coca Cola (KO) and United Technologies (UTX) jumped on the profits of the surprises. Verizon (VZ) and Procter & Gamble (PG) slipped to the bottom of the Dow after their quarterly results.
Twitter earnings reports, Lockheed Martin, Hasbro (AT), whirlwind (WHR) and Cadence design (CDNS) to rapidly increase earnings.
Hasbro and Cadence Systems dominated the 100 Nasdaq shares. At the bottom of Nasdaq 100, You're here (TSLA) and Apple (AAPL) are down 1.5% and 0.3%, respectively. IP Offices were active, Jumia Technologies (JMIA) Cactus (WHD) Trade Office (TTD) and Lyft (LYFT) has moved higher.
Qualcomm (QCOM) has taken a quick lead among chip makers, with a nearly 2% increase in the deployment of what is supposed to be China's first 5G network. Manufacturer of medical equipment Waters (WAT) sank at the bottom of the S & P 500 after disappointing first quarter results. Spam-maker Hormel (HRL) was also among the hardest hit by the S & P 500, down on the downgrade of an analyst.
Dow Jones Stocks: Coca-Cola, United Tech Surge
Coca-Cola and United Technologies each climbed more than 2% more early in the action. Coke has recorded narrow income gains and revenues, following a revival of UK stocks and European Union bottlers in anticipation of the UK's potential exit from the EU.
Aircraft engine and aircraft component manufacturer United Technologies reported a profit up 8% from a decline. Revenues jumped 20%, well ahead of analysts' estimates. United Tech is in expansion, up nearly 6% since passing over a 129.74 point of purchase on April 1st.
Twitter and Lockheed increase their income
Twitter flew 12% higher, marking a morning breakaway on Tuesday. A 132% gain in earnings surprised analysts expecting a slight decline, and revenue growth of 18% also outpaced the outlook. The company recorded an average of 330 million monthly users, down from last year but higher than the fourth quarter.
The gain generated Twitter shares well above a point of purchase of 35.49 points over four months. The base is formed in the context of a broader consolidation, which weighs on the escape with an additional risk related to the overload. The escape was a decisive vacuum that created a shopping zone starting on the day of the opening of the stock price, at 36.94.
The aerospace leader, Lockheeed Martin, has slowed by nearly 4% pre-market trade. The company based in Bethesda, Maryland, has announced a profit up 49% and an increase in revenue of 23%. Both figures were well above analysts' expectations. Management has raised its earnings guidance for the full year well above analysts' targets.
Tuesday's gains allowed Lockheed to come out of a range above a purchase point of 311.88 in a cup base with handle.
FANG Watch: Alphabet, Netflix near the points of purchase
Three of the four FANG stock technology leaders won Tuesday's pre-commercial session. Facebook (FB) in the lead with a 0.9% gain. Netflix (NFLX) trailed behind the group, down 0.5%.
Facebook finished Monday 47% above a trough in December and above the possible nine-month midpoint. He reports earnings on Wednesday after the stock market closes.
Netflix shares are trading in a purchase range above 371.59.
Google's parent Alphabet (GOOGL) is within the 5% purchase range, above the 1236.54 entry of a saucer with handle.
Ranking stock Amazon.com (AMZN) is in expansion, up nearly 9% since the release of a stable base buying point at 1,736.51 in March.
Oil prices up
Oil prices rose after registering their biggest gain in a day since February 1. The Trump administration announced on Monday that it would not extend beyond May 2 the oil purchase waivers allowing eight countries to buy oil from Iran. without penalty. The United States has notably renounced China and India, the largest oil buyers of Iran. The White House said it aimed to reduce Iran's oil exports to zero. These exports have already been halved with the sanctions imposed by the United States in October. Iran is reported to have exported another 1.4 million barrels in March.
West Texas Intermediate rose 0.3% to $ 65.73 per barrel. The benchmark Brent crude in Europe rose 0.1% to US $ 74.13. WTI had its highest closing price on Monday since October 30th. The negotiated US Oil Fund (USO) added 0.2% in pre-market shares. the The VelocityShares 3x Long Fund (UWT) fund of Citigroup Global Markets gained 0.5%.
IPO Watch: Lyft, Jumia, Cactus, Office Rising
IPOs were on Tuesday morning, with Jumia Technologies up more than 2% and Cactus up 1.5%.
Lyft jumped nearly 2% in front of the opening to try to extend his first rebound. The stocks have won over three of the four recent sessions, bringing stock by about 10% to Friday's low. The stock still needs to form an appropriate IPO base.
Trade Desk grew by 0.6% compared to opening. The online advertising service jumped 6% on Monday, making it a potential buy thanks to a rebound after 10 weeks of support, although trade was weak. The current consolidation of Trade Desk reaches nearly 17%, which requires an extra week to become a valid cup base.
A turning point in Chinese monetary policy?
The Hong Kong market returned from its holiday with steady performance, and the Shanghai Composite fell 0.5%. Markets have been cautious after the Central Commission for Financial and Economic Affairs said China's monetary policy "should be adjusted in a timely and preventative manner based on economic growth and the changing situation of price".
This was the fourth recent indication by regulators of a more hawkish policy shift. It follows a series of data on strong economic growth last week.
In Japan, Tokyo's Nikkei 225 rose 0.2%. European markets also reopened after three days of holidays and remained contrasted in the afternoon: the London FTSE 100 rose 0.6%, the Frankfurt DAX lost 0.1% and the CAC-40 in Paris recorded modest gains.
Follow Alan R. Elliott on Twitter @IBD_Aelliott
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