Investors are opting for purchases despite the worse business prospects for the tech giant.
Wall Street is on track to end its streak of two consecutive sessions in the red. US stock indices post sharp rises despite recent news not encouraging optimism.
Yesterday, the Federal Reserve warned that the growth of the US economy is “little or modest”, and today the bad news has come from Microsoft. The technology giant has lowered its forecast for sales and profits in the fourth fiscal quarter, which ends on June 30, due to the strength of the dollar against other currencies.
This announcement by the company chaired by Satya Nadella has not dampened the spirits of investors, who are opting for purchases in a session whose initial doubts have given way to widespread increases. Even in the company founded by Bill Gates, which is up 0.20%.
Among the rest of the large groups in the sector, Meta (Facebook) shines with its own light by shooting up 6% the day after announcing that the Spanish Javier Oliván will be Mark Zuckerberg’s right-hand man. Alphabet and Amazon sign scales of 3% and 2.5%, respectively, while Apple scores 1%.
These advances contribute to the Nasdaq gaining about 2.5% and recovering 12,200 points. The S
For its part, the Dow Jones reconquered 33,100 points by gaining 0.8%. Boeing, Salesforce and Nike are the best values in the selective, while Amgen, Merck and Johnson
In the oil market, the barrel of West Texas, a benchmark in the US, reaches 116 dollars despite OPEC’s announcement to increase its production of barrels per day. The ounce of gold rises to 1,870 dollars, while the yield on the US 10-year bond remains at 2.9%.
