On the Wall Street, the Dow Jones and the S & P 500 index rose slightly, and traded while the new quarterly business results were waiting for companies and news from the trade front between the US and China.
The Dow Jones index strengthened 0.28 percent, at 40,227 points, and S & P 500 0.06 percent, to 5,528 points. The Nasdaq index weakened, on the other hand, 0.10 percent, at 17,366 points.
Although treasure, the S & P 500 rose yesterday in a row in a row, which is his longest positive array of November. But in recent days, this growth is minimal because investors are cautious, among others, due to the trade war between the United States and China.
The US President Donald Trump said last week to negotiate, but Beijing refuted it and called Washington to abolish all the customs in Chinese imports. There are no other significant news from that front.
Investors are also cautious, and this week the quarterly business results will be published by about 180 companies from the S & P 500 index, including some of the world’s largest companies, such as Apple, Microsoft, Amazon, Meta Platforms …
So far, about 180 companies from the S & P 500 index composition announced the report, with 73 percent surpassed the expectations in terms of earnings.
Analysts now estimate that the earnings of companies in the first quarter rose about 11 percent in the first quarter, while at the beginning of April they expected an increase of about 8 percent.
In addition to profit and income data, investors are interested in what the company’s operations expect in the next period, given the customs war.
Of the approximately 180 companies, which have so far published reports, 78 reduced earnings estimates, 32 increased, and others did not publish assessments.
The focus of the investor will be the economic data, among other things, on gross domestic product, employment and inflation in the United States.
And in the European stock exchanges, shares rose slightly yesterday. The London FTSE index strengthened 0.02 percent, to 8,417 points, while Frankfurt Dax increased by 0.13 percent, to 22,271 points, and the Paris CAC 0.50 percent, 7,573 points.
