The New York Stock Exchange Ended Up…
The New York Stock Exchange ended up, after a checkered session, supported by major technology stocks (Apple + 0.85% to 116.79 dollars and Amazon + 2.30% to 3.221 , 26) but slowed down by the oil groups (Chevron – 2.19% to 70.42 and Exxon Mobil – 3.50% to 33.13).
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New weekly jobless claims stood at 837,000 against the expected 850,000.
The Markit PMI manufacturing index for September, in its final version, came out at 53.2 against 53.5 in initial reading.
The ISM manufacturing index for September was disappointing, coming in at 55.4 from 56.3 expected and after 56.
Construction spending for August climbed 1.4% from just 0.7% forecast and after 0.1% in July.
Pepsico (+ 1.59% to 140.80) announced an annual profit forecast above expectations after publishing strong quarterly results thanks in particular to the increase in demand for its snack products.
The Trump administration announced $ 20 billion in aid to airlines as part of a $ 1,500 billion recovery plan (American Airlines + 2.36% to 12.58 and United Airlines + 1.24 % at 35.18).
The administrator of the American Civil Aviation Authority (FAA) carried out an evaluation flight of nearly two hours at the controls of the Boeing 737 MAX (+ 1.57% to 167.86), an essential step with a view to returning the device to service.
Tesla (+ 4.46% to 448.16) reduced the price of its Chinese Model 3 sedans by about 8%, to around $ 36,600, after taking into account Chinese subsidies for electric vehicles.
The Dow Jones thus rose by 0.13% to 27,816.90 points, the Nasdaq Composite by 1.42% to 11,326.51 points and the S&P 500 by 0.53% to 3,380.80.