US equities close higher amid data, earnings

Thursday, 18. April 2019 22:01

Stock markets in the United States closed in the green on Thursday as traders digested fresh batches of data and corporate results. Earlier, American Express, Philip Morris, Schlumberger and Nestle, among others, reported their quarterly earnings. Meanwhile, investors also echoed the latest US economic data, including a drop in the number of initial jobless claims, a rise in retail sales and an increase in business inventories.

Also, Pinterest and Zoom started traded publicly today, exceeding indicative prices by 25% and 80.1%, respectively.

The Dow Jones rose 0.42% at the close, as UnitedHealth Group Inc. jumped 2.26%.

The Nasdaq 100 added 0.12% at the same time, helped by Align Technology's stock gaining 2.85%.

The S&P 500 advanced 0.16% at the session's end as United Rentals Inc. soared 8.14%.

The euro lost 0.58% against the US dollar, to sell for $1.1230 at 4:00 pm ET.

US stock markets will be closed tomorrow due to Easter holidays.

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Breaking the News / GG