empty
18.04.2023 01:45 PM
US stock market advances on Monday

This image is no longer relevant

US stock markets have demonstrated a slight increase, with the Dow Jones Industrial Average rising by 0.3%, the S&P 500 index climbing by 0.33%, and the NASDAQ growing by 0.28%. Throughout the trading day, the indices showed even smaller growth, with the Dow Jones rising by only 0.06%, the S&P 500 increasing by 0.05%, and the NASDAQ initially falling by 0.08%.

Market participants are currently focused on companies publishing their earnings reports for the previous quarter. At the end of last week, major US banks such as JP Morgan Chase & Co., Wells Fargo, and Citigroup released their reports, which showed record profits for the past quarter. Analysts have attributed this to rising interest rates, which have boosted their revenues.

Today, other US banks, including Bank of America, Goldman Sachs, and Bank of New York Mellon, are expected to release their reports. Earning reports in the banking sector reports have so far exceeded analysts' predictions. However, traders should wait for the publication of reports from other major companies, such as Johnson & Johnson and Netflix.

According to recent data, economic growth in the US has slowed down. This information has left market participants somewhat perplexed whether the Federal Reserve will continue to increase the key interest rate or pause the hike cycle. More statements from Federal Reserve policymakers are expected later this week.

The manufacturing PMI for the current month reached 10.8 points, significantly exceeding market forecasts and the negative figure of 24.6 in the previous month. Meanwhile, the NAHB housing market index for April came in at 45 points, surpassing the forecasted 44 points.

In corporate news, Samsung Electronics, one of the largest electronics manufacturers, has announced plans to replace Google's search engine with Microsoft Bing for its devices. Following this news, shares of Alphabet, Google's parent company, fell by 3.3%, while Microsoft's shares rose by 0.6%.

Following the news of an impending $10.8 billion deal between Prometheus Biosciences, Inc. and Merck & Co., Inc., shares of Prometheus soared by 69%.

On the Dow Jones index, Walgreens Boots Alliance, Inc. rose by 1.76%, The Travelers Companies, Inc. gained 1.73%, and Boeing Co. increased by 1.65%. In the meantime, UnitedHealth Group, Inc. and Amgen, Inc. declined by 1.26% and 0.77% in their share prices, respectively.

On the S&P 500, M&T Bank Corp. advanced 7.78%, Enphase Energy, Inc. grew by 7.67%, and Digital Realty Trust, Inc. appreciated 7.15%. Conversely, State Street, Moderna, and Signature Bank experienced share price declines of 9.18%, 8.35%, and 5.85%, respectively.

Among companies on the NASDAQ index, the best performing stock was Presto Automation, Inc. which surged by 160.43%, followed by ContraFect Corp. at 154.44% and Blackboxstocks, Inc. at 107.2%. On the other hand, shares of Marpai, Inc., Pear Therapeutics, Inc., and Laser Photonics Corp. Unit declined by 43.32%, 33.61%, and 31.95%, respectively.

On the New York Stock Exchange, 1,809 stocks advanced while 1,160 stocks declined. A similar trend was observed on the NASDAQ exchange, where 2,291 stocks increased while 1,278 stocks declined.

The forex market was mixed, with EUR/USD slipping by 0.65% to 1.09. USD/JPY climbed by 0.52% to 134.46.

Anastasia Kravtsova,
Experto analítico de InstaForex
© 2007-2025
Seleccione el marco de tiempo
5
min
15
min
30
min
1
hora
4
horas
1
día
1
s.
Gana con los cambios en el valor de las criptomonedas con InstaForex.
Descarga MetaTrader 4 y abre tu primera operación.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    UNIRSE AL CONCURSO

Recommended Stories

Trump vuelve a influir en Wall Street: la reacción de los índices no se hizo esperar

Los comentarios de Trump sobre China provocan una negociación inestable en el mercado Ulta Beauty sube tras elevar su previsión de beneficios anuales El Dow subió un 0,1%, el S&P

09:00 2025-06-02 UTC+2

Tormenta bursátil: Nvidia se dispara, el Dow cae y el tribunal anula los aranceles de Trump

Las acciones de Nvidia subieron un 5% tras el cierre; las acciones de Dick's Sporting Goods aumentaron tras superar las expectativas del primer trimestre El tribunal de comercio

11:01 2025-05-29 UTC+2

Juicio contra Trump: los aranceles fueron declarados ilegales. ¿Qué significa todo esto para los mercados?

Un fallo judicial inesperado y toda la arquitectura de la política arancelaria de Donald Trump comenzó a desmoronarse como un castillo de naipes. El Tribunal de Comercio Internacional

Аlena Ivannitskaya 11:00 2025-05-29 UTC+2

«El efecto Nvidia»: ¿aguantarán los mercados la última ola de presión?

Los resultados de Nvidia se publicarán el miércoles, los últimos de los ingresos de los "Magnificent 7". Donald Trump y los mercados europeos han vuelto al punto de partida

11:08 2025-05-26 UTC+2

La tecnología en auge: Snowflake y Alphabet brillan mientras cae el sector solar

Dow y S&P 500 terminaron la jornada sin cambios, mientras que el Nasdaq subió un 0,28%. Snowflake se disparó. Alphabet alcanzó su nivel más alto en casi tres meses

11:26 2025-05-23 UTC+2

Israel, Irán y el barril del miedo: el petróleo vuelve a subir

Durante la sesión asiática del miércoles por la mañana, el petróleo subió repentinamente un 1,5% gracias a las noticias procedentes de Oriente Medio. Las sospechas de un posible ataque

Natalia Andreeva 11:03 2025-05-21 UTC+2

El Bitcoin no teme los problemas de calificación crediticia de EE. UU. y sigue apuntando al alza. Los índices S&P 500 y Nasdaq100 también

La primera criptomoneda intenta mantener un nivel alto, aunque no siempre lo consigue. No obstante, el Bitcoin casi se ha consolidado en una posición de liderazgo, a pesar

Larisa Kolesnikova 11:03 2025-05-21 UTC+2

El dólar sin futuro: la venta masiva apenas comienza

Hasta hace poco, el dólar parecía intocable: el ancla mundial, el refugio monetario, la última palabra en confianza global. Pero hoy cada vez se escucha más otra retórica: sobrevaloración, agotamiento

Аlena Ivannitskaya 08:22 2025-05-20 UTC+2

Bitcoin: qué esperar esta semana. ¿Se mantendrá el récord con la subida hasta los $107 000?

A la primera criptomoneda le toca mantener sus posiciones, aunque a veces le resulta difícil. En este momento, el BTC ha salido adelante, por lo que la tarea de conservar

Larisa Kolesnikova 14:34 2025-05-19 UTC+2

El consumidor estadounidense pierde impulso: lo que dicen Target y Lowe's

En la próxima semana, Wall Street centrará su atención en los informes de las principales cadenas minoristas de EE. UU., que ayudarán a evaluar cómo afectan a la economía

12:39 2025-05-19 UTC+2
¿No puede hablar ahora mismo?
Ingrese su pregunta en el chat.
Widget callback
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.

We are sorry for any inconvenience caused by this message.