The three major US stock indexes recorded gains at the close of the trading session yesterday, Wednesday, August 3, as the Dow Jones Industrial Average recorded its largest daily gain in a week, as companies and financial institutions continued to announce their quarterly profits for the second quarter of this year and recorded results that exceed expectations.
The major technology stocks supported the main indicators, as Apple’s share rose by 3.82%, while Microsoft’s share rose by 2.78%, Alef Bit’s share rose by 2.56%, and Amazon’s share rose by 4% at the close.
Shares of Meta or Facebook previously were among the biggest beneficiaries during the session, up by 5.37%, after a report published by Bloomberg showed that the company is considering offering bonds for the first time in its history.
On the other hand, the shares of an American company rose from profits of 2.2 billion dollars in the second quarter, and revenues of 4.75 billion dollars (expectations of 3.88 billion).
In turn, Robin Hood’s shares rose by about 14% during the session, after the company that owns the electronic trading platform announced its intention to lay off 23% of the workforce.
The Dow Jones Industrial Average closed up by about (416) points at the close at 32.812 levels, with gains of about 1.29%, and it is now trading in the futures for today’s session, Thursday, at 32.758 levels, losing about 18 points.
While the S&P 500 index recorded highs at the close at 4.155 levels, up by about 63 points or 1.56%, and is now trading in futures at 4.150 levels, down by about 5 points.
While the Nasdaq index recorded gains by (319 points), to close the session at 12.668 points, recording a profit of about 2.59%, and it is now trading in the futures, down by about 29 points.