US opens mostly higher after data, earnings

Thursday, 14. April 2022 15:30

Major stock indexes in the United States traded mostly higher at the opening bell on Thursday, upon data and earnings reports. The US initial jobless claims were up by 18,000 compared to the previous week, while the US retail sales saw a monthly rise of 0.5% in March.

On the earnings front, Morgan Stanely, Goldman Sachs, Citigroup and Wells Fargo all saw their revenue decrease in the first quarter of 2022. Meanwhile, UnitedHealth revealed that its revenue grew 14.2% on an annual basis in the first quarter of this year.

The Dow Jones gained 0.44% or 143 points at 9:30 am ET as Nike added 1.51% at the same time. The S&P 500 was up 0.14% at 9:31 am ET, with Delta Air Lines jumping 2.63% a minute later. The Nasdaq 100 was flat at the opening bell, only to trade lower 10 minutes later, losing 0.47% at 9:43 am ET, with Datadog plummeting 2.78% at the same time.

The euro was 0.63% lower against the dollar at 9:29 pm ET, selling for 1.08224.

Related Links: 
Author:
Baha Breaking News (BBN) / AY