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US stocks open stable ahead of more corporate quarterly results

Economies.com
2019-04-24 14:27PM UTC

US stocks settled in early trading as markets await more corporate earnings reports and a new round of US-China trade negotiations.

 

Trade officials of the two countries will aim to overcome obstacles that hold back the reach of a final trade agreement, which would end the state of commercial war and tariffs imposed between China and the USA.

 

SnapChat and Caterpillar Inc, published their quarterly earnings reports for the first quarter of this year, as the two companies reported higher than expected earnings and revenues.

 

Official data of the US oil inventories are expected later, which affects crude price movements and also the energy companies stocks.

 

During trading, Dow Jones rose by one point to 26,657 points at 14:25 GMT, Nasdaq settled at 8,120 points, and also Standard & Poor's stabilized at 2,933 points.

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