US opens mostly higher amid data, earnings

Friday, 28. October 2022 15:30

Major stock market indexes in the United States opened mostly higher on Friday as the week marked by a series of earnings and economic reports drew to an end. Companies such as Chevron Corporation and ExxonMobil Corporation saw annual rises in their revenues, while Amazon Inc. observed a lower increase in its profits than analysts expected. Meanwhile, the US observed a monthly growth in the nation's personal spending.

The Dow Jones Industrial Average opened 0.57% or 183 points higher as Intel Corporation surged by 6.19%. The S&P 500 advanced by 0.12%, with DexCom Inc. soaring by 12.89%. On the other hand, the Nasdaq 100 stood flat.

The euro went up by 0.10% against the dollar to sell for $0.99749 at 9:29 am ET.

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Author:
Baha Breaking News (BBN) / JR