US: Dow, S&P open higher as upbeat earnings obscure Mid-east jitters
The Dow and the S&P 500 opened higher on Tuesday (Apr 16), with health insurers leading the charge following upbeat results from industry major UnitedHealth, while investors kept tabs on the conflict in the Middle East.
The Dow Jones Industrial Average rose 257.11 points, or 0.68 per cent, at the open to 37,992.22.
The S&P 500 opened higher by 2.77 points, or 0.05 per cent, at 5,064.59, while the Nasdaq Composite dropped 28.64 points, or 0.18 per cent, to 15,856.38 at the opening bell. REUTERS
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Top HSBC shareholder Ping An exploring ways to cut US$13 billion stake
Gazelle Ventures’ cash offer for No Signboard closes with 0.5022% valid acceptances
Dow briefly sprints past 40,000-mark on earnings boost, rate-cut bets
Goldman strikes US$43 billion investing deal for UPS pension funds
US: Wall Street opens nearly flat after CPI-driven rally
Blackstone to buy Priority Software stake in biggest Israel deal