Thursday 20 April 2017

US Stock Markets - 20/04/17

On Wednesday key US indices closed down, with only Nasdaq Composite adding +0.23% and closing at 5863.03 points.
The broad S&P 500 wiped out -0.17% of its value and ended the session at 2338.17 points, while the Dow Jones was down by -0.58% and closed at 20404.49 points.
The IBM report has mixed messages after the technology company's earnings have exceeded expectations, but revenue has been down for the twentieth consecutive quarter on an annual basis, and eventually the company's shares ended the day with a decline of -4.92% to $191.69 a share.
Morgan Stanley reports the highest percent revenue growth from bond trading among its Wall Street rivals, and the net profit of the bank jumped by 70 percent to $1.93 billion in the first quarter of 2017.
After the end of the session, the American Express, eBay and Qualcomm reports are expected.


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