Investors today launched New Yorkers into the arms of the technology Apple, who have overcome the best forecasts of analysts on its results propelled Wall Street to make the Nasdaq Composite Index lived his best day of the year.
Awe with the new show of strength of the firm in Silicon Valley, the operators turned on the purchase of shares of the technology to foster an increase of 8.87% which left the price of its shares to $ 610, above the benchmark of $ 600.
The creator of the iPhone just won today no more and no less than 50,000 million dollars of market capitalization, which directly benefited the NASDAQ composite index, which posted a solid gain of 2.3% which regained also the symbolic barrier of 3,000 points.
Located in the 3029.63 drives, the Nasdaq index was scored today more pronounced rise since last December 20.
They also gave a warm welcome to the accounts of the firm that Tim Cook runs the other two main indicators of Wall Street: Dow Jones Industrial rose 0.69% or 89.16 points to the 13,090.72 points and the S&P 500 for 1.36%, to 1390.69.
The euphoria reflected the impressive benefit of $ 11.622 million that Apple recorded from January to March last, which means that almost doubled its profits and its sales of 39.186 million dollars, which is 58.8% above than the same quarter of 2011.
The monetary policy meeting of the Federal Reserve could have curbed gains, but the decision to keep interest rates below 0.25% and the promise of leave as is until 2014 eased tensions over Wall Street that appointment.
Things were even better when the central bank revised up its New York forecasting U.S. economic growth to a range of between 2.4 and 2.9%, two tenths more than expected in January.
Furthermore, this earnings season brought more joy than Apple accounts, since the aircraft Boeing rose 5.29% after announcing strong to win in the first quarter $ 923 million, the 58% year on year, thanks to sales of commercial aircraft.
The counterpoint came from the hand of the heavy equipment maker Caterpillar, which fell 4.58% despite winning 1,586 million dollars in the first quarter, 29% more year, since the investors were not welcome their revenue forecasts.
Also closed in negative territory the retail chain Wal-Mart (-0.71%) after the Mexican government announced that it has opened an investigation to determine if the subsidiary in Mexico, the company bribed officials to obtain permits to expand in the country during the past decade.
From the business also noted that the chemical company DuPont decided to raise the dividend distributed to shareholders each quarter by 4.9% and the beverage maker Coca-Cola would raise a “split” of his actions still must be approved by its shareholders.
The widespread buying mood on Wall Street have not just got influence over the course of the day the 4.2% decline in durable goods orders to U.S. factories in March, down 2.9% higher than they had experts expected.
Be seen whether the earnings season gets morning bring so much joy as it has today, since it will be the turn of heavyweights such as Exxon Mobil, that an advance to the dissemination of these accounts has announced Wednesday that increases quarterly dividend by 21%.
Also know the results of companies such as UPS, Starbucks, Colgate-Palmolive, Altria, PepsiCo or Amazon.
Category: Stock Market Trading