Troubled Wall Street ended in the green

Troubled Wall Street ended in the green

Status updated

After a quick start, the mood on Wall Street deteriorated, and then a rally began that ended all the leading indices in the green.

The Nasdaq index closed by 0.72 percent at 11590.40, the Dow Jones index 0.34 percent at 33156.41 and the Standard & Poor’s 0.53 percent at 4012.39.

The 10-year US government bond yield fell somewhat to 3.88 percent, while the Vix “fear index” fell 5.5 percent to 21.06.


nvidia– gathering. The chip manufacturer presented unexpectedly good results for the fourth quarter and, moreover, positively surprised the “steerage” for the current period. Rising data center sales helped offset weak demand in the PC market. Nvidia is also expected to benefit from the heavy use of artificial intelligence, which requires more computing power than is common today. Nvidia ended up up more than 14 percent, at $236.87.

Lucid Group It fell 11.9 percent to $8.75. The electric car maker was disappointed in the final three months of last year and spoke of “tough” times. The company reported operating income of $257 million in the fourth quarter, previously the consensus was $302 million.

Netflix After the price reduction was announced in more than 30 countries. The stock fell 6 percent, but recovered somewhat, closing down 3.35 percent at $323.08.

After closing time came Warner Bros Disappointing quarterly numbers. The share was penalized in after-market trading, down 5.34 percent. The company achieved operating revenues of $11.01 billion, compared to an expected $11.36 billion, according to Refinitiv figures.

beyond the meat , which produces meat alternatives, had a better-than-expected fourth quarter. The share rose more than 13 percent in post-market trading. The company reported operating profit of $79.9 million after closing time Thursday. Up front, operating income was expected to be $75.7 million CNBC.

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oil price

Figures from the US Department of Energy (EIA) showed that US crude oil inventories rose by 7.6 million barrels to 479.0 million barrels last week. According to Trading Economics, the consensus indicated an increase of 2.1 million barrels.

Brent oil rose 2 percent to $82.16 a barrel, while West Texas Intermediate crude rose 2.2 percent to $75.55.

oil giants Chevron, Exxon, BP and Shell Finished green. Chevron shares rose 1 percent, Exxon 0.94 percent, BP 1.9 percent and Shell 2.2 percent. Thus Shell had the biggest rise of the oil giants on Wall Street.

Dalila Awolowo

Dalila Awolowo

"Explorer. Unapologetic entrepreneur. Alcohol fanatic. Certified writer. Wannabe tv evangelist. Twitter fanatic. Student. Web scholar. Travel buff."

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