Strong numbers of the Meta and Microsoft stock exchange weights raise the merchant mood of investors on the US exchanges on Thursday.
The Dow Jones starts trade with an increase of 0.6 percent at 40,918.04 points. At the start, the S&P 500 shows 1.01 percent higher at 5,625.14 points. The tech value index nasdaq composite also increases significant 1.99 percent to 17,793.14 points.
US exchanges with a mixed April performance
Already the day before, the US exchanges had caught up their losses at the end of the trade and continued the recent positive trend. Due to the customs turbulence, the monthly balance sheet in April was clearly negative for the Dow, while the Nasdaq 100 was able to secure a moderate plus.
Strong numbers drive the market
The stock exchanges in New York will push strong quarterly figures of the Tech heavyweights Microsoft and Meta on Thursday on the first trading day in May.
The losses that have been started by US President Donald Trump in early April would have been finally ticked off. The clouds in the course of the trade war have not yet dissolved, but the silver strips on the horizon would be more visible, commented stock exchange expert Stephen Innes from the asset manager Spi Asset Management.
Microsoft and Meta are now setting the accents with their quarterly figures and forecasts before two more tech companies from the ranks of the so-called glor-rich seven open the books in the evening after the US exchange conclusion with Apple and Amazon.
At the chip manufacturer Qualcomm, the numbers meant less rosy after the group gave a MAUE sales forecast and thus increased concern about the burden on demand due to the US tariffs.
Editorial Finance.net / New York (dpa-Afx) / Dow Jones Newswires