Wall Street opens mixed amid earnings releases

Thursday, 21. July 2022 15:33

Major US stock markets opened mixed in Thursday's session amid the latest batch of earnings reports and global economic outlook updates.

Yesterday, carmaker Tesla announced that the company's diluted earnings per share (EPS) was $1.95, up 91% year-over-year. However, during the day, other companies presented their results. Second quarter AT&T's revenue dropped 17% year-over-year, to $29.6 billion, while Blackstone Group Inc. also revealed its revenue in the second trimester plunged. Other companies are expected to release their reports during the day.

The Dow Jones lost 0.51% at 9:31 am, with Verizon sinking 3.89%. The Nasdaq 100 added 0.10%, and NetEase was up by 7.62%. The S&P 500 declined 0.16%, while Carnival dropped by 12.40%.

The euro was down by 0.14% against the dollar at 9:28 am ET, selling for $1.01634.

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Baha Breaking News (BBN) / JG