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,
Analytical expert of InstaTrade
© 2007-2025

Recommended Stories

Mercado tem ganhos modestos: Dow +0,32%, Nasdaq +0,02%, mas Novavax dispara após aprovação de vacina

Dow sobe 0,32%, S&P 500 sobe 0,09%, Nasdaq sobe 0,02% TXNM Energy sobe após acordo com a Blackstone Novavax salta após aprovação da vacina contra o coronavírus pela FDA Ações

Thomas Frank 17:42 2025-05-20 UTC+2

Resumo de notícias do mercado dos EUA para 20 de maio

Apesar do rebaixamento da classificação de crédito dos EUA e da alta nos rendimentos dos Treasuries, os investidores de varejo seguem como compradores ativos de ações. As compras líquidas alcançaram

Ekaterina Kiseleva 17:30 2025-05-20 UTC+2

O consumidor americano está desacelerando: O que a Target, a Lowe's e o Walmart estão dizendo

Os resultados estão a caminho: Target, Lowe's, Home Depot Walmart alerta para o aumento dos preços devido aos direitos aduaneiros Crescimento das vendas a retalho nos EUA abranda em abril

Thomas Frank 17:12 2025-05-19 UTC+2

Resumo de notícias do mercado dos EUA para 19 de maio

Apesar das declarações encorajadoras sobre o progresso nas negociações e das visitas diplomáticas de alto nível, as previsões para o S&P 500 permanecem restritas. Os analistas apontam para a falta

Ekaterina Kiseleva 17:09 2025-05-19 UTC+2

Consumo nos EUA perde força

Na próxima semana, os olhos de Wall Street estarão voltados para os balanços das maiores redes de varejo dos Estados Unidos — indicadores-chave para avaliar como as mudanças no ambiente

15:50 2025-05-19 UTC+2

USD: Fraqueza Visível, Força Escondida — O Jogo Continua

Uma nova fase começa no mercado cambial, em que fundamentos econômicos e estratégias geopolíticas passam a moldar a taxa de câmbio do dólar americano. A administração dos EUA está

Anna Zotova 20:23 2025-05-16 UTC+2

Resumo de notícias do mercado dos EUA para 16 de maio

As ações da Micron Technology continuam sua trajetória de recuperação, impulsionadas por sinais técnicos positivos. Investidores estão de olho nas metas de preço de 117,34 e 137,12, o que torna

Ekaterina Kiseleva 16:25 2025-05-16 UTC+2

O STOXX 600 atinge os picos: para onde está indo o crescimento e o que aguarda os investidores

Cisco sobe após elevar suas previsões para o ano fiscal UnitedHealth cai com a notícia de que enfrenta uma investigação criminal O índice European STOXX 600 está pronto para

Thomas Frank 15:30 2025-05-16 UTC+2

Resumo de notícias do mercado dos EUA para 15 de maio

As ações do JPMorgan Chase seguem em alta constante, aproximando-se do nível de 295,25, impulsionadas pela forte demanda dos investidores e pelos sólidos resultados financeiros do banco. Esse movimento positivo

Ekaterina Kiseleva 18:40 2025-05-15 UTC+2

Montanha-russa no mercado de ações: AMD dispara, American Eagle cai, investidores ficam confusos

Índices mistos: Dow cai 0,21%, S&P 500 sobe 0,10%, Nasdaq sobe 0,72% Ações europeias recuam após quatro sessões de ganhos American Eagle Outfitters cai após retirar previsão para

Thomas Frank 14:43 2025-05-15 UTC+2
Não pode falar agora?
Faça sua pergunta no chat.
 

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 InstaTrade anyway.

We are sorry for any inconvenience caused by this message.