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Wall Street opens up slightly in full season results

2019-10-22T14:40:02.891Z

Wall Street opens up slightly in full season results



New York (AFP)

The New York Stock Exchange moved up slightly Tuesday shortly after opening, reacting to a salvo of quarterly results of listed companies on Wall Street.

Its flagship index, the Dow Jones Industrial Average, was grappling 0.03% to 26,836.57 points around 14:00 GMT.

The Nasdaq, with strong technological color, gained 0.25%, to 8,183.04 points.

The broad S & P 500 index gained 0.20% at 3,012.66 points.

Wall Street closed in the green Monday, encouraged by comments on Sino-US trade talks and other corporate earnings: the Dow Jones rose 0.21% and the Nasdaq rose 0.91%.

Among the big names in the New York rating to publish their quarterly health check Tuesday, the US giant of household products and hygiene Procter and Gamble exceeded expectations with solid sales. P & G grew by 3.71%.

McDonald's on the other hand disappointed the financial markets by reporting a slowdown in its growth, seeming to pay back in vegetarian burgers. His title lost 3.64%.

United Technologies (+ 0.60%) advanced after better than expected results, while UPS (-4.95%) and Kimberly Clark (-2.3%), which also released their results on Monday, retreated.

"There is a lot of information on companies that needs to be analyzed this morning, but the bottom line is that it did not really move the market," says Patrick. O'Hare Briefing.

In addition, the US laboratory Biogen saw its action take off by nearly 37% after announcing having filed an application for approval from the US drug agency for treatment against Alzheimer's disease.

In the bond market, the 10-year rate on US debt was down, at 1.766% against 1.800% the day before closing.

© 2019 AFP

Source: france24

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