Nasdaq Leads gains earnings with Microsoft and high destination

Nasdaq Leads gains earnings with Microsoft and high destination

The main tariffs of Wall Street advanced Thursday, led by Nasdaq’s earnings, with a strong presence of technological companies, while the solid quarterly results of Microsoft and Meta Heavy weights indicated a resilient perspective of the technological sector.

At 11:42 (Brasilia time), the Industrial Middle Industrial Index increased by 0.79%to 40,988.77 points, the S&P 500 increased by 1.31%to 5,642.02 points and Nasdaq Composite gained 2.04%to 17,802.93 points.

Nasdaq was negotiated at the last time on March 28, in their path to recover all the falls from the announcement of mutual rates on April 2nd.

Microsoft has increased by 8.8% earlier, reaching its highest level since the end of January, after providing a stronger quarter than expected for its cloud computing business, Azure. The earnings helped the actions to overcome those of Apple, making Microsoft the most precious company in the world.

The goal earned 4.7% after having recorded higher revenue than expected, thanks to the strong advertising services.

The good results contributed to calm the nervousness for an increasingly uncertain perspective for companies, caused by changes in tariff policy of the United States and a growing commercial war with China.

Other technological megacaps are also advanced, with Nvidia that increases by 3.8%.

The sectors of information technology and communication services advanced 2.6% and 1.2% respectively.

Source: Terra

You may also like