the indices nasdaq starred in a day of strong rises in Wall Streetthanks to the fact that the shares of large technology companies rose driven by the quarterly report of Meta PlatformsFacebook matrix, which turned out much better than expected.

Meta’s shares soared 14% after higher-than-expected quarterly revenue and founder Mark Zuckerberg said artificial intelligence improves traffic on Facebook and Instagram and ad sales.

The positive moves even eclipsed the effect of weak data on the US GDP in the first quarter, which slowed down in the period to a growth of only 1.1%, which is much lower than the 2.6% reported in the previous quarter.

Continuing the good spirit of the reports, the shares of Amazon.com They rose an additional 8% to their advance of 4% in regular operations, after having reported better-than-expected results after the closing of negotiations.

After closing, the index Dow Jones of 30 industrial giants it was left with 1.57% more to a level of 33,826.16 points. He S&P 500 of 500 stocks gained 1.96% to 4,135.35 units. He nasdaq led the advances for the second day, with 2.43% to 12,142.24 points.

[email protected]

California18

Welcome to California18, your number one source for Breaking News from the World. We’re dedicated to giving you the very best of News.

Leave a Reply