The main indices of Wall Street fell on Friday as investors digested a mixed bag of corporate results and uncertainty surrounding the outlook for stocks. interest rates and the American economy.
At 15:09 GMT, the Industrial Average Dow Jones It was down 30.17 points, or 0.09%, at 33,755.56 units; the index S&P 500 it was down 6.19 points, or 0.15%, at 4,123.60; and the Nasdaq Composite it subtracted 43.36 points, or 0.35%, to 12,017.69 units.
A survey showed that US business activity accelerated in April to an 11-month high, contrasting with mounting indications that the economy is at risk of recession as demand cools amid rising rates, further clouding the outlook for the monetary policy of the Federal Reserve.
The performance of the Treasury bond rose after the survey, weighing on top growth and technology stocks such as Manzana, Meta Platforms and Microsoftwhich remained about 1% each.
For his part, Procter & Gamble It gained 3.8% after raising its full-year sales forecast on higher prices, helping consumer staples values advance 0.8 percent.
Hospital operator HCA Healthcare climbed 5.7% after improving its earnings forecast for 2023, driving peers Tenet Healthcare, Community Health Systems, Universal Health Services between 3.2% and 12%.
The health sector was one of the most advanced, 0.7 percent.
“Investors are fine with the results so far, because the lack of bad news is good news,” said Adam Sarhan of 50 Park Investments. “The market is waiting to see if we get bullish profits on some of the large-cap tech stocks in the coming weeks.”
Tesla was down 0.7%, reversing its premarket gains after raising US prices for its premium Model S and X electric vehicles.
