Wall Street closes green and the Dow Jones had its best day in 3 months

The NY stock market ended this Thursday in positive territory, and the Dow Jonesits main indicator, rose 1.58%, its best day since January 6 as investors scrutinize the latest corporate results and new economic data.

At the close of trading, the Dow rose to 33,826 units and the S&P 500 added 1.96% to 4,135 points. For its part, the composite market index nasdaqin which technology companies are listed, it rose 2.43% to 12,142 integers.

(Ecopetrol share moderates fall on the Stock Market).

The actions of Goal They added nearly 14% as the company on Thursday reported quarterly revenue that beat expectations and issued stronger-than-expected guidance for the current period.

(Banking crisis fears sent markets reeling.)

Other technologies, such as Amazon, alphabet, Microsoft and Manzana, also rose on Thursday. “The market was waiting with bated breath for the outcome of the tech companies,” said Quincy Krosby, chief strategist at LPL Financial. “Overall, it has not disappointed, and the market needed it”, he added Krosby.

(77% of people see solutions to climate change.)

In addition, this Thursday it was learned that the US economy grew 1.1% in the first quarter of 2023, less than expected. In this way, the first economy in the world slowed down its growth after experiencing a GDP increase of 2.6% in the last quarter of 2022.

(Tech: Microsoft profits drop.)

This Thursday, all sectors closed in the green and the greatest gains were for communications and non-essential goods, which rose 5.5% and 2.7%, respectively. Among the 30 Dow Jones stocks, the only company with losses was Caterpillar, while the biggest gains went to Verizon and Honeywell.

EFE