Stocks fluctuated in a volatile session on Wall Street on Tuesday, which finally closed in the red, due to geopolitical concerns in the market.
The dow jones fell 1.23% at 32 thousand 396.17 points, the technological Nasdaq 0.16% to 12 thousand 348.76 units, and the S&P 500 0.67% to four thousand 091.19 points. “Growing geopolitical concerns (…) about the Nancy Pelosi’s visit to Taiwan, contradict the markets a bitsaid Peter Cardillo of Spartan Capital.
Among the results of the day, Uber was celebrated by investors (+18.90% to $29.25). Although the company had a heavy loss, their quarterly turnover skyrocketed in its transport activity as prepared meal delivery. Uber’s turnover in the second quarter reached 8,070 million dollars, compared to 7,360 million expected by the market.
The results of caterpillar meanwhile, they weighed on the Dow Jones. Caterpillar published on Tuesday a billing lower than expected by the market for the second quarter, affected by the exchange rate and disturbances in the supply chain.
The firm’s billing grew 11% compared to the second quarter of 2021, and it stood at 14.2 billion dollars, but the market expected 14.35 billion.
airbnbthat ended up 4.62%, lost 6.74% in post-close electronic trading, due to results that showed fewer bookings than the market expected in the second quarter.
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