Wall Street finished in a scattered fashion on Tuesday after a session marked by mixed results from US companies, investors also proving feverish before the release of the accounts of technology giant Apple.
According to the final results at closing, Wall Street’s flagship index, the Dow Jones Industrial Average, gained 0.21% to finish at 24,579.96 points.
The Nasdaq, with strong technological coloration, lost 0.81% to 7,028.29 points.
The broad S & P 500 index fell 0.15% to 2,640.01 points.
“The peak of the season is approaching business results and those who published their accounts (Tuesday) reported very mixed data,” said Peter Cardillo of Spartan Capital.
Among the companies in the spotlight, the pharmaceutical giant Pfizer took 3.14%, the conglomerate which manufactures in particular adhesive tapes 3M 1.94%, the appliance manufacturer Whirlpool 9.67%, the defense company Lockheed Martin 1.45% and the Xerox printer manufacturer 11.40%.
On the other hand, Harley-Davidson (-5.05%), Verizon (-3.25%) and the manufacturer of Botox Allergan (-8.55%) were sanctioned by the markets.
The brokers also showed some “nervousness”, according to Cardillo, before the long-awaited release of Apple’s results after the close.
The apple brand has taken everyone by surprise at the beginning of the month, warning, rare fact, that its sales and iPhone sales were worse than expected in the last three months of 2018, the first quarter of his exercise shifted.
– Results from Facebook –
Technology sector stocks in the S & P 500 lost an average of 1.01%.
Tuesday, Apple suffered a blow again: a flaw to spy on FaceTime users, its application video calls, was discovered.
Among the other values of the day, the Pacific Gas and Electric Company (PG & E) energy supplier, implicated in deadly fires in 2017 and 2018 in California, announced Tuesday its bankruptcy by placing itself under the protection of “Chapter 11 “a provision of US law that allows a company to continue operating normally safe from creditors and restructure its debt. His title however gained 16.49%.
US chip giant Intel has announced plans to expand its production site in Israel, with Israeli ministers announcing that the company will invest 40 billion shekels (about 9.5 billion euros) in a new plant. Its share price fell by 0.36%.
After a nightmare year for Facebook, shaken by an almost uninterrupted flood of controversy, the social network will try to restore confidence in users and investors by publishing annual results on Wednesday. Its title lost 2.22% on the eve of its results.
The session was also marked by the opening of a two-day meeting of the US central bank (Fed), after which no rate hike is expected.
In the bond market, the interest rate on the ten-year debt was 2.712% at 21.30 GMT, against 2.744% Monday at the close, and the 30 years at 3.044% against 3.066% the day before.