US stocks start May higher after strong earnings

2021-05-03 14:45:54 GMT (Economies.com)
US stocks start May higher after strong earnings

The major US stock rose on Monday, following the release of upbeat Q1 corporates earnings.

 

Apple, Microsoft, Amazon, Tesla and Facebook have reported better-than-expected earnings in the first quarter of 2021.

 

Dow Jones posted a monthly gain of 2.7% in April, Nasdaq posted 5.4% monthly gain, and S&P 500 scored 5.2%.

 

The US Federal Reserve decided last week to keep the interest rate between 0.0% and 0.25% unchanged.

 

As for stocks, Dow Jones rose 0.8% or 260 points to 34,134 as of 14:03 GMT, Nasdaq rose 0.1% or 26 points to 13,989, and S&P 500 rose 0.5% or 20 points to 4,200.

 
 
 
  Symbol Last Change Chg.%
1.2081
-0.0092
0.7582%
1.4035
-0.0101
0.7159%
Tadawul
10322.68
86.96
0.85%
26.893
-0.911
3.278%
64.531
-0.861
1.317%
67.92
-1.40
2.02%
1814.495
-29.730
1.612%
 
 
US
 
Europe
 
Asia