New York Stocks: Solid numbers and prospects prompt Dow to return | new



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On Thursday, fear of soaring interest rates drove down prices after the US Federal Reserve discussed a new tightening of monetary policy at its recent meeting. "Financing conditions in the United States have deteriorated significantly over the last two weeks," said Chris Hussey, an analyst at Goldman Sachs.

The S & P 500 market index rebounded 0.25% to 2776.02 points on Friday. The Nasdaq 100 technology index climbed 0.21% to 7130.72 meters. However, he sold most of the premiums for the anticipated transactions.

The consumer goods group Procter & Gamble caused a real euphoria. The maker of Ariel, Gillette and Pampers had increased profits by 12% in the first quarter. As a result, the price jumped nearly 8%, reaching its highest level since the beginning of the year. With this tailwind the title of the competitor Colgate-Palmolive won just under 3%.

The American credit card giant, American Express, continued to make a remarkable profit thanks to the strength of the US economy, the satisfaction of its customers and the reduction of its taxes. For newspapers, it rose by 3.81%, the Visa counterparty shares rose 0.79%.

Paypal shares even jumped 8.17%. The burgeoning Internet business following the expansion of the US economy has allowed the payment service to do good business next summer.

On the other hand, Ebay's shares have been under heavy pressure. The Stifel broker was upside down by almost 8% from the lowest price in almost two years. Analyst Scott Devitt pointed out that Paypal's results indicated a weak business activity on eBay in the third quarter.

DowDupont shares lost 1.26% in a mild market environment. Only nine months before the split of its agricultural subsidiary, the giant of chemistry writes billions on this subject. Among other things, the trade war between the United States and China is causing problems for the agricultural sector.

Walt Disney papers grew by almost 2%. Analyst Kannan Venkateshwar of UK investment bank Barclays has now assembled the right media and entertainment group to succeed.

(AWP)

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