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

Digest des nouvelles du marché américain pour le 11 avril

Après le rallye explosif de mercredi déclenché par l'annonce du président Donald Trump d'une pause tarifaire de 90 jours, les marchés américains ont jugé jeudi que la célébration était prématurée

Natalia Andreeva 15:28 2025-04-11 UTC+2

Montagnes russes : le S&P 500 chute de 3 %, l'or atteint des sommets historiques

Les actions américaines chutent après les événements de mercredi, le S&P 500 en baisse de 3%. Les actions européennes et asiatiques clôturent à la hausse après que Trump ait suspendu

Thomas Frank 09:44 2025-04-11 UTC+2

Bitcoin peine à trouver du soutien alors que les turbulences tarifaires ébranlent les marchés mondiaux

La cryptomonnaie phare reste dans un état fragmenté, incapable de s'établir sur une base solide. Le Bitcoin connaît une volatilité importante et a enregistré des pertes cette semaine. Néanmoins

Larisa Kolesnikova 14:38 2025-04-10 UTC+2

Résumé des Nouvelles du Marché US pour le 10 avril

Le S&P 500 réalise un rallye historique, mais 5 669 reste une barrière clé. La suspension temporaire des tarifs stimule les gains : le S&P 500 et le Nasdaq clôturent

Irina Maksimova 12:58 2025-04-10 UTC+2

Pourquoi les actions augmentent-elles alors que le yuan s'affaiblit et que les contrats à terme américains baissent ?

Les actions montent en flèche, mais les contrats à terme américains chutentLes actions chinoises augmentent même si le yuan atteint son plus bas niveau depuis plusieurs annéesLes actions européennes bondissent

Thomas Frank 10:17 2025-04-10 UTC+2

Résumé des actualités du marché américain pour le 9 avril

Le Dow, le NASDAQ et le S&P 500 glissent alors que la Maison Blanche intensifie la pression sur la Chine. Les tarifs douaniers pèsent sur les indices : les marchés

Irina Maksimova 12:33 2025-04-09 UTC+2

Effet domino : les tarifs américains secouent les marchés, les investisseurs se débarrassent du dollar et des obligations

Les tarifs douaniers de Trump sur la Chine suscitent des craintes de récession Les bons du Trésor américains et le dollar frappés par la vente massive, les rendements grimpent

Thomas Frank 11:20 2025-04-09 UTC+2

Prévisions "dorées" : L'or à 3 500 $, 3 700 $ – Toujours plus haut ?

Les prévisions concernant l'or deviennent de plus en plus spectaculaires à tous points de vue, alors que les analystes semblent rivaliser pour savoir jusqu'où le métal précieux pourrait monter. L'instabilité

Larisa Kolesnikova 11:07 2025-04-09 UTC+2

Les marchés en montagnes russes : le Dow s'effondre, l'or monte en flèche, Trump maintient les investisseurs en haleine

Les variations des indices de Wall Street au cours des dernières 24 heures : le S&P 500 a chuté de 0,23 %, le Nasdaq a augmenté de 0,10 %

12:25 2025-04-08 UTC+2

Résumé des nouvelles du marché américain pour le 8 avril

La dernière vague de tarifs douaniers de l'administration Trump modifie les attentes économiques. Goldman Sachs prévoit désormais une récession dans les 12 prochains mois, tandis que les analystes de JPMorgan

Ekaterina Kiseleva 12:14 2025-04-08 UTC+2
Can't speak right now?
Ask your question in the 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.