24 Jul 2013
US equities rise as earnings season continues
FXstreet.com (New York) - The US stock market opened higher Wednesday, helped by earnings from Apple (AAPL), though the S&P still remains rebuffed by 1700.00.
In the United States, Markit Manufacturing PMI (July) came in at 53.2, beating estimates of 51.9, and compared with a figure of 51.9 previously.
Beginning with the indices and composites, the NASDAQ rose +0.62% as it settles in region of 3600.99, up +21.95 points in these moments. In addition, the S&P 500 is trading in positive territory, operating at 1694.31, ascending +1.94 points or +0.11% at the time of writing. Finally, the Dow Jones has moved higher at the opening, trading in the zone of 15585.67, presently +0.12% after a movement of +17.93 points.
Sectors are all mixed at the opening, however the Basic Materials and Telecoms sectors have distinguished themselves as the losers thus far, falling -0.64% and -1.20% respectively. Moreover, the price of gold has settled at $1336.11 per oz., while silver is now negotiating a spot price of $20.26 per oz. Wednesday.
In the United States, Markit Manufacturing PMI (July) came in at 53.2, beating estimates of 51.9, and compared with a figure of 51.9 previously.
Beginning with the indices and composites, the NASDAQ rose +0.62% as it settles in region of 3600.99, up +21.95 points in these moments. In addition, the S&P 500 is trading in positive territory, operating at 1694.31, ascending +1.94 points or +0.11% at the time of writing. Finally, the Dow Jones has moved higher at the opening, trading in the zone of 15585.67, presently +0.12% after a movement of +17.93 points.
Sectors are all mixed at the opening, however the Basic Materials and Telecoms sectors have distinguished themselves as the losers thus far, falling -0.64% and -1.20% respectively. Moreover, the price of gold has settled at $1336.11 per oz., while silver is now negotiating a spot price of $20.26 per oz. Wednesday.