Nasdaq, S&P rally at close with earnings in limelight

Thursday, 02. February 2023 22:00

Major exchanges on Wall Street, the Nasdaq 100 and the S&P 500 wrapped up Thursday's trading session in a rally with tech giants' shares pushing the markets towards significant gains as investors braced for the release of fourth quarter financial reports after the closing bell, which will include earnings by Amazon, Alphabet, Ford, Qualcomm, Gilead, Starbucks, and Apple.

The Dow Jones Industrial Average lost 0.12% as UnitedHealth Group Inc. plummeted 5.27%, pulling the index below the flatline. The Nasdaq 100 skyrocketed 3.56%, and the S&P 500 jumped 1.47%. Align Technology and Meta Platforms were the indexes' best performers, soaring by 27.38% and 23.28% respectively.

The euro lost 0.68% against the dollar, to change hands to $1.09135 at 3:59 pm ET.

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Author:
Baha Breaking News (BBN) / AB