Local Breaking News - World Breaking News

The Stock Exchanges in New York Opened With Profits on Wednesday

0 2,031

The stock exchanges in New York opened with profits on Wednesday. With that, they show something of a recovery after the heavy losses of the last few days, when the stock markets closed deep in red due to concerns about the spread of the new coronavirus.

 

The Dow-Jones index started 0.9 percent higher at 27,307 points. The broad S&P 500 won 1 percent to 3159 points, and technology level meter Nasdaq rose 1.3 percent to 9082 points.

The Chinese technology group Weibo, with a stock exchange listing in New York, made a surprisingly 3.1 percent advance shortly after the opening bell.

The company warned that sales in the first quarter could be up to 20 percent lower than a year earlier as a result of the virus outbreak in China. Parent company Sina, also listed in New York, won 2.1 percent.

Disney also knows the attention focused on itself. CEO Bob Iger, under whose leadership the entertainment group took over Lucasfilm, resigns. The share was reduced by 1 percent.

Leave A Reply