The US stock indices, the Dow Jones and S&P, recorded gains at the close of the trading session yesterday, Wednesday, as the Dow Jones Industrial Average tested its highest level ever at 35.669, before falling slightly and ending the session with gains of about 0.43%, while the Nasdaq Composite Index was affected by the losses of the technology sector to tweet Alone outside the flock on losses at closing.
With US companies and institutions continuing to announce their third-quarter results, electric car maker Tesla announced profits that exceeded expectations in the third quarter, with revenues of $13.76 billion (expectations 13.91 billion) with earnings per share of $1.86 per share ($1.67 expected), the company’s stock closed at 865.80 levels. The dollar rose by about 0.18%.
On the other hand, the share of the American technology company IBM fell by more than 4.5% after the closing bell, after the company announced revenues below expectations of about $17.6 billion (expectations 17.77 billion), while earnings per share amounted to $2.52.
Snapchat, Intel, American Airlines, AT&T and many other companies will announce their quarterly results on Thursday.
The Dow Jones Industrial Average closed the session yesterday, up by 152 points, at the close at 35.609 levels, with gains of about 0.43%, and it is now trading in the futures for today’s session, Thursday, at 35.401 levels, down by about 76 points.
While the S&P 500 index recorded highs at the close at 4.536 levels, up by about (16 points) or 0.37, and it is now trading in futures at 4.516 levels, down by about 11 points.
While the Nasdaq index recorded losses by (7 points) to close the session at 15.121 points, recording declines of about 0.05%, and it is now trading at 15,331 levels.