The main US stock indexes closed in positive territory the last session of the week.
The Dow Jones recorded an increase of 0.4% to 38,240 points, while the S&P500 recorded an increase of 1.02% to 5,100 points. Better performance for the Nasdaq (+2.03% at 15,928 points).
Definitely a positive day for Alphabet (+9.91% to 173.6 dollars), after the release of the financial results for the 1st quarter of 2024, which closed with revenues and earnings per share significantly higher than consensus.
Wall Street also appreciated SNAP’s quarterly report (+27.6% to 14.55 dollars). The social network ended the first quarter of 2024 with earnings per share of $0.03, better than the $0.05 loss expected by analysts.
In reverse, Intel’s quarterly report fell short of expectations (-9.2% to $31.88). The chip giant closed the first three months of 2024 with revenues lower than analysts’ consensus. The indications for the current quarter also did not enthuse the market.
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