(Finance) – Wall Street continues the session higher, with the Dow Jones which advances to 33,703 points; along the same lines, with a strong increase in theS&P-500, which with its +1.53% rises to 4,118 points. Rev up the NASDAQ 100 (+2.47%); along the same lines, effervescent theS&P 100 (+1.84%).
The above-expected quarterly results, such as that of Meta Platform, contribute to giving life to the American market, while the preliminary reading of the GDP showed a sharp slowdown in the American economy in the first quarter. The data comes just days before the Federal Reserve meeting on interest rates. The market estimates that the preliminary reading of the GDP will influence the monetary policy decisions of the US central bank.
Meanwhile, the labor market remains strong: the number of workers who applied for unemployment benefits for the first time, in the week ending April 22, decreased more than analysts’ expectations.
In the S&P 500, the sub-funds performed well telecommunications (+5.78%), secondary consumer goods (+2.62%) and informatics (+1.58%).
To the top between Wall Street giants, Verizon Communication (+4.48%), Honeywell International (+3.14%), Salesforce, (+2.80%) and Microsoft (+2.71%).
The strongest sales, on the other hand, show up Caterpillarwhich continues trading at -1.91%.
Basically weak cisco systemswhich recorded a decrease of 1.06%.
It moves below parity Merckshowing a decrease of 0.77%.
Moderate contraction for Amgenwhich suffers a drop of 0.59%.
Between best performers of the Nasdaq 100, Meta Platforms (+14.76%), Lucid Group, (+13.43%), Comcast Corporation (+8.53%) and Charter Communications (+6.91%).
The strongest declines, however, occur on Align Technologywhich continues the session with -9.54%.
It collapses Keurig Dr Pepperwith a decrease of 5.34%.
Sales on Illuminatewhich records a drop of 3.44%.
Bad sitting for Microchip Technologywhich shows a loss of 3.04%.