(New York) The New York Stock Exchange indices, which opened divided on Tuesday, a busy day for corporate results, slipped slightly into the red during the session.
By 10:40 a.m. EST, the Dow Jones Index was down 0.49%, the NASDAQ was down 0.16%, and the broader S
The day before Wall Street had concluded a hesitant session with weak exchanges slightly higher.
The Dow Jones Index gained 0.30% to 33,987.18 points, the tech-heavy NASDAQ rose 0.28% to 12,157.72 points and the S
On Tuesday, investors reacted to new bank results. Bank of America was down 1.23% despite better-than-expected results.
The second-largest bank in the United States by asset size saw its revenue jump 13% in the first quarter, boosted by a 25% rise in net interest income. On the other hand, the amount of deposits fell by 8% compared to a year ago.
Goldman Sachs, affected by the decline in the results of its investment bankers and its brokers in the first quarter, announced a drop in its turnover (-5%) as well as in its profits (-19%) . The investment bank’s stock fell 2.22% at 10:40 a.m. EST).
The group which has just announced an $8.9 billion agreement to settle thousands of complaints linked to the sale of its talc accused of having caused cancer has set aside $6.9 billion in litigation costs . The stock was down 2.25%.
After the market closes, investors will watch the financial results of Netflix, whose stock was stable (-0.11% around 10 a.m. ET) and those of the airline company United Airlines (0.50%).
Elsewhere on the stock exchange, Tesla, which is due to announce its results on Wednesday, lost 1.29% to 184.56 dollars on the NASDAQ.
The Moderna laboratory, whose title collapsed 8.4% on Monday after mixed preliminary results for its messenger RNA vaccine under development with Merck against recurrences of skin cancers, continued to lose 1.54% .
Finally, Southwest Airlines was down almost 3% at 10:45 a.m. (Eastern time) after asking the FAA air authority for permission to suspend takeoffs, without yet publicly giving further explanation. .
On the macroeconomic level, a real estate index also cooled investors with a drop in housing starts of 0.8% in March and 17.2% over one year. Worse for the future of the market, building permit filings fell 8.8% over the month.
Before the opening, the indices had been supported in the green by a stronger than expected increase in Chinese GDP growth to 4.5% year on year.