indexes in this article
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NEW YORK (dpa-AFX) – The most important US stock indices were unable to decide on a direction on Monday after the long Easter weekend. The indices repeatedly crossed the zero line – sometimes from above and sometimes from below. Most recently, the Dow Jones Industrial (Dow Jones 30 Industrial) rose by 0.28 percent to 34,546.83 points. The broader S&P 500 gained 0.29 percent to 4405.34 points. The tech-heavy NASDAQ 100 gained 0.44 percent to 13,953.81 points.
Investors continued to act cautiously, experts said. China’s first-quarter data released that day were described by the market as mixed. In addition, to the surprise of experts, the Beijing central bank decided not to lower the key interest rate to stimulate the domestic economy on Friday. In the US, there was little news from the economic and corporate world. In Europe, the Easter break ends on Tuesday. The trading volume in New York was correspondingly below average.
Bank of America grew 4.1 percent. The financial company had earned less in the first quarter. Analysts had expected worse numbers in advance.
After a period of weakness at the start of trading, Twitter recently gained 5.1 percent. The management of the Internet communication platform took countermeasures against the takeover attempt announced by Elon Musk on Friday.
Shares in securities dealer Charles Schwab fell 8.8 percent after the quarterly figures were presented. Both sales and earnings were below analysts’ expectations