Major stock indexes on Wall Street rose on Thursday, and Nasdaq Composite touched a three-week high against the background of the good results of the quarterly reports from companies such as Citigroup (C), eBay (EBAY) and Netflix (NFLX). Netflix grew by 17.94% to a record high of $ 115.73, a day after the company reported that nearly a third added more subscribers than expected in the second quarter.
Investor sentiment also improved after the Greek Parliament voted in favor of the austerity measures.
As it became known today, the number of Americans who first applied for unemployment benefits fell for the first time in three weeks. This is a sign of a healthy labor market. Primary applications for unemployment benefits, the gauge of layoffs, fell by 15,000 and reached a seasonally adjusted 281,000 in the week ended July 11, the Labor Department said Thursday. Economists expected 285,000 initial claims.
In addition, a report Philadelphia Fed in July business activity index worsened significantly, thus reaching the level of 5.7 points compared to 15.2 points in June. It is worth noting that many economists had expected a decline of this indicator to the level of 12.0 points.
At the same time, self-builders in the market of newly built, single-family homes in July reached a level of 60, showed housing market index (HMI) of the National Association of Home Builders / Wells Fargo, published today. At the same time, the June reading was revised higher by one point to 60. Last time HMI reached this level in November 2005.
Most components of the index DOW closed in positive territory (25 of 30). Outsider were shares McDonald's Corp. (MCD, -1.17%). Most remaining shares rose Microsoft Corporation (MSFT, + 1.99%).
All sectors of the index S & P ended the day higher. The largest growth sector proved conglomerates (+ 1.5%).
At the close:
Dow + 0.39% 18,120.25 +70.08
Nasdaq + 1.26% 5,163.18 +64.24
S & P + 0.80% 2,124.29 +16.89
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.