Wall Street up after Apple results and job market data

Wall Street up after Apple results and job market data

(Tiper Stock Exchange) – Wall Street is moving positivelyafter that the US economy unexpectedly created jobs at a faster pace than expected in April. Nonfarm payrolls increased by 253,000 last month, compared to a downwardly revised reading of 165,000 in March, according to data from the Bureau of Labor Statistics. Analysts had forecast, on average, that figure would rise to 180,000.

Among the positive news is the quarterly of Applewhich reported better-than-expected results, aided by strong iPhone sales and by the notable forays into India and other new markets. Management also noted that gross profit margins for the current quarter are expected to be better than forecasts on improving supply chain issues.

Attention continues to be high on the banking sectorand especially on some medium-sized institutions as PacWest And Western Alliancewhich today rebounded after heavy losses.

Among the others quarterlystand out those of Warner Bros. Discoverywhich posted a massive loss in Q1 2023 but signaled positive momentum from streaming, and Cignawhich raised its 2023 guidance after a positive first quarter.

The US price list shows a gain of 1.24% on the Dow Jones, breaking the negative streak that began last Monday; along the same lines, positive performance forS&P-500, which continues the day with an increase of 1.48% compared to the close of the previous session. Significant improvement NASDAQ 100 (+1.7%); on the same trend, leap up theS&P 100 (+1.59%).

Spotlight on the North American S&P 500 i compartments power (+2.68%), informatics (+2.39%) and financial (+2.08%).

Between protagonists of the Dow Jones, Apple (+4.62%), Walt Disney (+2.65%), Chevrons (+2.28%) and Salesforce, (+2.01%).

The strongest declines, however, occur on intelwhich continues the session with -1.12%.

Between protagonists of the Nasdaq 100, Fortinet (+6.43%), Lucid Group, (+5.56%), Diamondback Energy (+5.18%) and Apple (+4.62%).

The strongest sales, on the other hand, show up Atlassian, which continues trading at -9.88%. Sales on Booking Holdings, which records a drop of 1.71%. Small loss for ANSYS, which trades with -1.29%. He hesitates intelwhich drops 1.12%.