US opens mostly higher on earnings expectations

Montag, 27. Juli 2020 15:31

Major stock markets in the United States opened mostly in the green on Monday as investors are preparing for a big week of corporate earnings. Google, Apple, AMD, McDonald's and eBay are among the companies slated to release their latest quarterly figures this week. meanwhile, the US Census Bureau reported that the new orders for manufactured durable goods in the country in June surged 7.3%.

The Dow Jones Industrial Average was down by 0.08% at the open with Walgreens Boots Alliance falling by 2.15%. The Nasdaq 100 increased by 0.60% at the same time as Moderna rose 0.47%. The S&P 500 grew by 0.09%. Applied Materials was the best performer rising by 2.39%.

The euro was up 0.64% against the dollar to change hands for $1.17314 at 9:27 am ET.

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Breaking the News / TF