Around 2:00 p.m. GMT, the Dow Jones gained 0.81%, the Nasdaq index, with a strong technological scent, advanced by 1.30%, and the broader S&P 500 index, by 1.06%.

“Whether the indices are rising because they have taken a lot of money recently or because of some relief after the new batch of results is not clear,” wrote Patrick O'Hare, from Briefing.com. , in a footnote.

"It's probably a bit of both," the analyst said, "although we're leaning more towards the technical rebound as the releases were more mixed than beautiful."

The indices had stalled on Tuesday, swept away by a wind of skepticism linked to the forecasts deemed cautious by many companies, in the face of geopolitical and economic uncertainty.

"When you take a step back and look at the earnings season in general, there has been more good than bad, with 77% of companies doing better than expected," argued Art Hogan of National Securities.

Among the good students, Microsoft (+4.83% to 283.27 dollars), which did better than expected, on turnover and net profit.

The group recorded a slight slowdown, but was able to count on the dynamism of the cloud (remote computing).

Also above expectations, the credit card specialist Visa (+8.52% to 218.24 dollars) saw its turnover increase by 25% over one year and expects continued growth, supported in particular by travel acceleration.

This good publication brought in its wake the competitor Mastercard (+6.82% to 367.57 dollars).

In the disappointment department, Alphabet (parent company of Google) dropped 3.18% in the first exchanges, sanctioned for having missed the estimates set by analysts on its turnover and its net profit.

The Mountain View (California) giant posted slow growth in advertising revenue, particularly on YouTube, in direct competition with TikTok.

Even if the results gave some momentum on Wednesday, "macroeconomic news continues to guide the market", warned Art Hogan, referring to the health situation in China, plagued by an outbreak of coronavirus cases.

A sign that the confinements in China, the war in Ukraine and inflation still raise fears of an economic downturn, investors continued to take refuge in the bond market, which had recently been battered.

The yield on 2-year US government bonds eased slightly again on Tuesday, to 2.54% against 2.58% the day before.

Bond prices rise because they are in demand, which lowers their interest rates, which move in the opposite direction.

In the table of values, the aircraft manufacturer Boeing (-9.56% to 151.07 dollars) has completely missed expectations, buried under delivery delays, rising costs and exceptional war-related charges. in Ukraine.

New step back for Twitter (-2.18% to 48.60 dollars), two days after the agreement to take over the platform by Elon Musk.

According to the Wall Street Journal, the takeover of the group by debt will multiply by nearly 20 the interest to be reimbursed each year by Twitter on its debt.

Spotify suffered the blow (-8.82% to 100.67 dollars) after the publication of a turnover quite significantly lower than forecast, even if the platform generated a net profit while analysts expected a loss.

The toymaker Mattel soared (+11.96% to 24.75 dollars) after the Wall Street Journal reported that management had contacted several investment companies, including Apollo Global Management.

The online brokerage platform Robinhood was struggling (-1.30% to 9.87 dollars) following the announcement on Tuesday by CEO Vlad Tenev of the dismissal of 9% of the company's workforce.

© 2022 AFP