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US stock markets rallied sharply on Tuesday. A few hours after the start of the session, investors had a very dark view of the day, but all the clues came out in the evening.
The performance season is now complete and heavyweights such as Caterpillar, 3M, McDonalds and Lockheed Martin present the current figures.
"This week has the opportunity to turn the stock market around, with about 32% of the S & P 500 giving numbers, and it's still clear that we have surpassed the earnings peak," Nick Colas told DataTrek Research. CNBC.
"Yes, businesses have met expectations, but with less than normal, he adds.
The Dow Jones lost 0.5% to 25,191.43 points.
20 of the 30 index values dropped. At one point, the index was down about 2%, but had gained a lot of money.
At the top of the list of winners we find McDonalds, which rose 6.32%, after have produced strong quarterly figures. Adjusted earnings per share were $ 2.10 compared to the expected $ 1.99.
On the other hand, we find Caterpillar and 3M, two disappointing quarterly figures.
Caterpillar dropped 7.54% and this is only the month that Caterpillar's share is down about 15%. In the quarterly report, construction shows indicate that production costs have increased due to increased material and shipping costs.
3M dropped 4.38% and revised down its forecast of revenue for 2018.
Otherwise, oil stocks have become difficult as oil prices fell sharply Tuesday night. Exxon Mobile lost 1.63%, while Chevron lost 3.24%.
In the banking sector, Goldman Sachs lost 1.37%, while JP Morgan lost 1.04%.
Nasdaq lost 0.42% to 7,437.54 points.
Facebook dropped 0.25%, while Amazon dropped 1.18%.
On the positive side, Netflix will grow by 1.12% and Alphabet (Google) by 0.38%.
Otherwise, we expect a fall of 1.41% on Twitter.
The S & P 500 fell 0.55% to 2,740.69 points
-We reached the level of 2,700, and the buyers are now back. I think people are waiting for this level and are ready to buy again, "said Jeff Kilburg, CEO of KKM Financial, CNBC.
The airline manufacturer Lockheed Martin fell 1.66%, despite delivered solid quarterly figures.
We also note Goodyear, which rose 2.83%.
The VIX index rose 7% to 21.02 points.
The price of gold climbed 0.73% to $ 1,233.50.
Both short- and long-term interest rates have fallen.
Oil prices have fallen sharply.
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