–
–
France Media Agency
Around 10 a.m., the Dow Jones, which finished above 34,000 points for the first time on Thursday, rose 0.33% to 34,147.37 points.
The S&P 500 extended index, also higher at Thursday’s close, was up 0.07% at 4173.21 points.
The Dow Jones and the S&P 500 were about to conclude a fourth consecutive weekly advance.
The NASDAQ, with strong technological coloring, on the other hand fell by 0.39% to 13,984.26 points while the American internet giants (Alphabet, Amazon, Apple, Facebook, Microsoft) were all in the red.
“The US stock market seems on the verge of ending the week in the green in the wake of new results and solid indicators, which reinforces already high expectations for the economic recovery in 2021”, summarize analysts Charles Schwab.
The last major US bank to publish its first quarter health report, Morgan Stanley has, like its rivals, seen its profits soar to $ 4 billion between January and March.
The establishment, however, said it lost $ 911 million at the end of March when several banks had to hastily sell shares held on behalf of Archegos, a company that manages the family fortune of Bill Hwang.
Morgan Stanley shares fell 0.87%.
In the financial sector, PNC Financial Services (+ 2.34%) and Bank of New York Mellon (-2.52%), the oldest American bank, also published their results, both exceeding analysts’ expectations in in terms of profits and turnover.
Among the indicators, new housing starts in the United States rebounded strongly in March, climbing almost 20% and reaching a high since 2006, according to data from the Department of Commerce.
–
