Home Wall Street opens modestly higher on strong earnings figures
FXStreet News

Wall Street opens modestly higher on strong earnings figures

Major equity indexes in the United States started the day in the positive territory on Tuesday boosted by upbeat earnings figures. As of writing, the Dow Jones Industrial Average was up 0.22% on the day while the S&P 500 and the Nasdaq Composite were adding 0.2% and 0.27%, respectively.

Supported by higher-than-expected Q1 revenue published by UnitedHealth, the S&P 500 Healthcare Index is rising 0.3% while the S&P 500 Consumer Discretionary is up 0.5% on the back of Johnson & Johnson’s strong Q1 sales figure of $20.02 billion vs $19.61 billion estimated.

On the other hand, the S&P 500 Materials and Real Estate indexes stay in the negative territory in the early trade to limit Wall Street’s upside for the time being.  

FX Street

FX Street

FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions.