New York Stock Exchange: Dow closed 67.89 points to support earnings …



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The New York Stock Exchange (Dow Jones) closed last night (April 16), boosted by the strong performance of listed companies. This includes Johnson & Johnson while energy stocks recover in line with WTI oil prices. In addition, clear US economic data is also another factor that helps the market.

The Dow Jones Industrial Average closed at 26,452.66 points, up 67.89 points or + 0.26% while the S & P500 closed at 2,907.06 points, up 1.48 points or + 0.05% and the Nasdaq closed at 8,000.23 points, up 24.21 points or + 0.30%.

Trading on the New York Stock Exchange was a positive factor in the good performance of the company listed by Johnson & Johnson, a giant company in the pharmaceutical industry. Healthcare and consumer products reported that in the first quarter of this year, the value was $ 2.10 per share, higher than analysts predicted at $ 2.04 / share, while revenue was $ 20.2 billion. Compared with the predicted $ 16 billion in analysts

Johnson & Johnson shares closed up 1.1%.

United Health Group also announced higher-than-expected earnings and revenues in the first quarter, as well as reviewing financial results for fiscal year 2019, which helped raise United Health's share price by more than 3%. day, meanwhile, during the closing period. United Health shares fell 4.01% as investors began to worry about regulations in the healthcare sector.

Qualcomm Shares Rising by more than 23% after reports that Qualcomm, one of the top mobile chip makers in the US has reached an agreement with Apple To end the legal dispute between the two companies As soon as Qualcomm has filed an action in the California Supreme Court that Apple stole trade secret information. To bring it to Intel Which is a competitor to Qualcomm Developing more efficient chips

Energy stocks rebounded after WTI oil prices rose about 1% last night, with ExxonMobil up 0.7%, and Chevron shares rose 0.8%. Oil and oil stocks rose 0% , 5%. Devon Energy shares rose 0.8%, Energy Energy shares rose 0.6% and Haliburton shares rose 1.6%.

Blackrock Stock What is a large global fund management company, rising 3.2% after the company has outperformed analysts' expectations

For US economic data released last night The US National Home Builders Association (NAHB) revealed that The residential builder's confidence index rose 1 point to 63 in April, the highest level in six months, and is consistent with the expectations of analysts. With the confidence index still above 50, indicating a positive overview

While the Federal Reserve (Fed) reported that US industrial production included production in the mining and utilities sectors, which fell 0.1% in March, after mining output fell. While production in the manufacturing sector remained stable amid global economic slowdown and trade tensions between the US and China

Other US economic data scheduled for release this week include February Trade Balance, Stock Stock, Wholesale Trade in February, Economic Summary Report, Fed Beige Book, Weekly Unemployment Claims, April Fedfi Production Index Philadelphia, March (PMI), preliminary manufacturing sector in April Margit, purchasing managers index (PMI), preliminary service month Apr de Margit, Stock Stock Business sector in February And the number of homes build starts and construction permits in March

– InfoQuest Translation and compilation by Ratana Phongthawich, Tel 02-2535000 ext. 327 Email: [email protected]

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