Dow Jones, Nasdaq and S&P 500

Wall Street in New York

No new records are in sight on the US stock exchanges.

(Photo: AP)

Dusseldorf Investors’ fear of the economic consequences of a shortage of chips and staff interrupted the record hunt on the US stock exchanges at the end of the week. The index of the technology exchange Nasdaq lost 0.5 percent to 15,368 points. The broader S&P 500 fell 0.3 percent to 4585 points. The Dow Jones index of defaults stepped on the spot at 35,758 points.

The mood was depressed by disappointing business figures from Amazon and Apple, whose shares fell 4.6 and 3 percent. Delivery bottlenecks affected the business of the online retailer and the iPhone provider and could also threaten the important Christmas business. The shares of Apple suppliers Texas Instruments, 3M, Broadcom, Advanced Micro Devices and Lumentum also came under pressure.
Increasing new corona infections in China ruined the Starbucks coffee house chain’s balance sheet. The shares went down by more than seven percent.

Look at the individual values

Microsoft: At least one competitor benefited from Apple’s weak numbers. As a result of Apple’s price setback, Microsoft rose to become the world’s largest listed company by market capitalization. The Microsoft share increased slightly by 0.3 percent.

Exxon Mobile: The world’s second largest oil company is benefiting from the rise in oil prices. In the third quarter, the group achieved a net profit of 6.75 billion dollars, more than analysts had expected. In the same period last year he had posted a loss of $ 680 million. Oil and gas prices more than doubled in the past year, which benefited the group. Exxon stocks rise nearly one percent to launch on Wall Street.

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Chevron: The US oil company posted its highest quarterly profit in 8 years. Like Exxon, it benefited from oil prices. Chevron posted earnings of $ 2.96 per share for the third quarter. The company’s share rises 1.2 percent. Both Chevron and Exxon plan to invest the unexpected gains in share buybacks.

Colgate– Palm olive: The personal care products manufacturer achieved a quarterly profit of 81 cents per share. Like many other companies, Colgate was faced with higher raw material and logistics costs. The company’s shares dip slightly to $ 76.80.

More: The new cold war: the conflict between China and the United States divides East Asia into two power blocs

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