The American indices ended Thursday’s trading session on a mixed note, as the Nasdaq and the A&P 500 rose, while the Dow Jones index declined, while the major technology companies, Amazon, Alphabet, and Apple, announced their results after the close.
The announced gains of Mita Company, which achieved better-than-expected revenues and announced a new $40 billion buyback of shares and a $5 billion reduction in costs in the current year, supported the rises of the Nasdaq and S&P indices, as Facebook’s parent company’s share rose by 23% at the close at 188.77 levels. dollar .
Companies and financial institutions continue to disclose their business results for the fourth and last quarter of last year, as Apple announced a decline in revenues at the largest quarterly pace in six years, with iPhone and Mac sales falling, as the company announced a net profit of $29.9 million in the fourth and final quarter of last year. With an earnings per share of $1.88, the stock declined in after-hours trading by 3%.
On the other hand, the share of the retail giant Amazon declined by 5% in pre-opening trading, after the company recorded losses of $ 2.7 billion last year, after net profit reached $ 278 million in the fourth quarter of last year, with a share of $ 0.3 and revenues of $ 149.2 billion. dollar .
Alphabet, the owner of Google, recorded revenues of 76.4 billion dollars, compared to 76.5 in analyst expectations, and recorded a net profit of 13.6 billion, with a profit per share of 1.05 dollars.
In terms of economic data, the markets are awaiting today the report of the US Department of Labor on employment numbers in the non-agricultural sector (NFP), as it is estimated that about 193 thousand jobs will be added in January, compared to the addition of 223 thousand jobs in December, and that the unemployment rate will rise to 3.6% from 3.5%.
The Dow Jones Industrial Average (Dow) closed down by about (39) points at the close at 34.053 levels, with gains of about 0.11%, and trading in the green color in futures trading.
While the S&P (S&P500) index recorded gains at closing at 4.179 levels, an increase of about (60) points, or 1.46%, as the telecommunications sector led the index’s gains, rising by 5.6%, and losing about 20 points in futures trading.
While the Nasdaq index recorded gains of 3.25% (384 points), to close the session at 12,200 points, marking its highest level in five months, while it is declining in the futures for today’s session by more than 180 points.