The New York Stock Exchange today managed to close in positive territory, after a busy week, surpassing the disappointment of the results of the computer company IBM.
The final results the session indicate that the Dow appreciated 0.12% (19.26 points) for 16399.67 units and the Nasdaq 1.35% (57,64) for 4316.07.
The broader index S & P 500 has advanced 0.91% (17.26), to 1904.02 points
The New York plaza had recovered sharply on Friday, leaving for. weekend on a positive note, after several sessions affected by concerns about global economic growth and doubts about the ability of central banks to stem the downward spiral that had gripped the markets.
” probably reached the low point “last week, said Peter Cardillo, Rockwell Global Capital. Now that Wall Street returned to the trend, “the market focuses again on business outcome.”
With the empty schedule today of relevant indicators, strong disappointment with the results of IBM troubled investors at first.
Due to “a significant decrease in September of customers’ purchases,” the group’s turnover fell 4% in the third quarter. The company also canceled its goal of a minimum earnings per share of $ 20 in 2015.
The share of IBM today fell more than 7%, dragging the Dow Jones index, which is a major component . But the superstar index of Wall Street could get rid of this weight to end the session in positive territory.
“The big question now is whether the problems of IBM, which recorded a reduction in its income in all sectors and all geographical areas, will be considered as a specific problem or a bigger problem, “said Patrick O’Hare of Briefing.com.
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