New York (AFP)

The New York Stock Exchange was hesitant on the direction to take on Wednesday, the day after a lackluster session, when most listed companies have now released their quarterly results.

Around 2:00 p.m. GMT, the Dow Jones Industrial Average lost 0.10% to 34,277.19 points.

The S&P 500 index dropped 0.05% to 4,185.97 points, while the Nasdaq appreciated 0.30% to 13,697.47 points.

On Tuesday, Wall Street had run out of steam after a good start and had concluded in the red.

"We are finally coming to the end of the long road of the first quarter earnings season with the last companies publishing their balance sheets before Memorial Day," said JJ Kinahan, head of market strategy at TD Ameritrade.

The financial markets will be closed Monday in the United States on the occasion of the day commemorating the American soldiers killed in action.

Sporting goods group Dick's Sporting Goods (+ 13.50%) and clothing stores Urban Outfitters (+ 12.66%) reported better-than-expected results and saw their shares jump on Wall Street.

In contrast, the Nordstrom chain of stores (-8.99%) stumbled on the stock market after a net loss exceeding market expectations.

“Besides the results, the market looks rather calm and is bracing for the holiday unless there is major news,” Kinahan said.

"Volatility continues to decline although investors can expect a bit of a shake from potentially low trading volumes."

Among the values ​​of the day, Amazon was up 0.38%.

The e-commerce giant will acquire the Hollywood studio MGM, owner of the James Bond saga, for 8.45 billion dollars, a way of strengthening the catalog of its streaming service.

Ford appreciated by 1.52%.

The U.S. automaker has said it expects 40% of its vehicles sold globally in 2030 to run without gasoline or diesel.

ExxonMobil sold 0.34%.

The shareholders of the American oil giant are due to vote Wednesday for or against the candidates for the board of directors proposed by a company campaigning for the American oil giant to take climate change more into account.

On the bond market, the 10-year rate on US debt was down slightly, to 1.55% against 1.56% the night before.

© 2021 AFP