Wednesday, the US stocks markets ended in mixed with both the Dow and S&P ended lower. However continued strength among large-cap tech helped the Nasdaq successfully log its eleventh straight advance. The energy stocks remained in pressure through out the session and finished with a 1.0% loss, more than any other sector pressured by the oil prices.
The Dow Jones Industrial Average (DJIA) dropped by 34.68 points at 8,881.26, NASDAQ index gained 10.18 points to 1,926.38 and the S&P 500 (SPX) fell by 0.51 points to close at 954.07 points.
Apple posted better-than-expected earnings of $1.35 per share, which is $0.18 better than analysts had come to expect.
One of the financial giant Wells Fargo reported better-than-expected earnings but however the company’s revenues fell short of the consensus and net charge-offs increased markedly to almost $4.4 billion.
US light crude oil futures for August delivery closed at $65.36 per barrel down by 0.4% on the New York Mercantile Exchange. However the crude prices managed to recover from the 2% loss in early pit trade on the back of a smaller-than-expected draw in weekly inventories.
Gold futures for the month of August delivery finished the session higher at $953.70 per ounce up by 0.7% on the New York Mercantile Exchange.
The Dow Jones Industrial Average (DJIA) dropped by 34.68 points at 8,881.26, NASDAQ index gained 10.18 points to 1,926.38 and the S&P 500 (SPX) fell by 0.51 points to close at 954.07 points.
Apple posted better-than-expected earnings of $1.35 per share, which is $0.18 better than analysts had come to expect.
One of the financial giant Wells Fargo reported better-than-expected earnings but however the company’s revenues fell short of the consensus and net charge-offs increased markedly to almost $4.4 billion.
US light crude oil futures for August delivery closed at $65.36 per barrel down by 0.4% on the New York Mercantile Exchange. However the crude prices managed to recover from the 2% loss in early pit trade on the back of a smaller-than-expected draw in weekly inventories.
Gold futures for the month of August delivery finished the session higher at $953.70 per ounce up by 0.7% on the New York Mercantile Exchange.
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