North American stock exchanges ended the session in positive territory, after recovering from the losses recorded during the negotiations.
The most important trips in the indexes during the day were technology with Apple, which… iPhone 14 Plus production cut less than two weeks after launchand Netflix, which reports third-quarter results this Tuesday after the session closes, are in red. However, at the end of the negotiations, Apple regained its strength and was able to finish the day in the green.
The S&P 500, which was up more than 2% during trading, closed up 1.14% at 3719.98 point, while the Dow Jones Industrial Average rose 1.12% to 30,523.80 splatter. Nasdaq Technology Complex has grown 0.90% for 10,772.40 points, recording the worst performance among the three indicators.
A better-than-expected third quarter report and a shift in UK fiscal policy contribute to better performance of risky assets. However, the high inflation scenario, which central banks are determined to combat by raising interest rates, continues to weigh on investors, who question the sustainability of these gains.
Investors will continue to keep their eyes on the quarterly earnings call that is advancing at full speed on Wall Street. After Bank of America on Monday and Netflix this Tuesday, came Tesla, Procter & Gamble, Alcoa and IBM, among others listed on Wednesday.
Emily Brontë is a journalist and feature writer specialising in culture, entertainment, literature, and current affairs. She is dedicated to producing clear, accurate reporting that helps readers stay informed about developments in the UK and around the world.
