[ad_1]
For the first time in nearly a month, the Dow index once again crossed the 25,000 mark. When Wall Street closed on Friday, the index finally ended at 25,019.41 after an increase of 0.38%.
The Nasdaq technology-driven index continues to break records and finishes at a high of 7825.98, up slightly from 0.03 percent.
The S & P500 rose 0.11% to 2.801.31
So it seems that the market has removed much of the uncertainty surrounding trade policy, customs crisis and DC voltage between the United States and China.
Performance Party
While concerns over the US-China trade dispute keep investors on the benchmark, several heavyweights are reporting quarterly numbers on Friday.
– How managers react to the uncertainty they continue to hire and invest for growth, says Eric Freedman, Investment Manager at US Bank Wealth Management, according to the Wall Street Journal.
Freedman will therefore pay particular attention to what managers have to say about the impact of trade tensions on their businesses when publishing quarterly figures.
Among the companies that released Friday, we find Wells Fargo disappointed. the penalty with a drop of 1.20 percent.
Citigroup met analysts' expectations but also dropped by 2.2 percent. Another bank, JPMorgan Chase & Co., reported higher profits and higher revenues. On the contrary, we find the action Advotekis Biotek, which rose 9.8% following positive news from US authorities regarding their study on cancer. In the case, the stock was up 68 percent.
Walt Disney rose 1.6 percent, while Boeing and Microsoft both rose 1.4 percent.
Import price low
The US import price index fell 0.4 percent on a monthly basis in June, showing new numbers .
According to Direct Macro, import prices are expected to increase by 0.1 percent per month.
Figures show the largest monthly decline since February 2016. Although import prices fell in June, 3 percent of the same period last year.
Export prices rose 0.3% in June, after increasing 0.6% last month.
[ad_2]
Source link
