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Wall Street hit new records thanks to good corporate results and despite the slowdown in the US economic recovery

Stockbrokers work at the headquarters of the New York Stock Exchange (Photo: EFE)

Stock prices rose sharply on Thursday in the US Stock Exchange. New York And the indicators broke their previous records, Despite the fact that US economic growth slowed in the third quarter.

Wall Street closed higher on Thursday, led by shares in An apple And Amazon, before presenting its results, while solid earnings for companies such as Larva And merck helps in To allay concerns about slowing growth in the United States.

According to provisional data at the end of the session on the New York Stock Exchange, Standard & Poor’s 500 It rose 0.98 percent to 4,596.42 points Nasdaq It rose significantly by 1.39% to 15,448.12 points. The Dow Jones Industrial industries advanced 0.68% to 35730.48.

Notable values ​​such as Tesla inc, An apple LLC company AmazonCompany promoted. com Nasdaq And helped the index to close at a record level, After the Standard & Poor’s 500 and Dow Jones did so earlier in the week.

much An apple How do Amazon They planned Post your quarterly results after the closing bell.

Larva Inc rose after reporting better-than-expected quarterly earnings due to higher commodity prices, while bullish expectations from the pharmaceutical company merck & Co Inc helped their actions.

Investors were also watching Washington, where President Joe Biden said he had hit a target A new $1.75 trillion framework for infrastructure spending and climate change.

Profits are still very goodSaid Bill Stone, chief investment officer at Glenview Trust Co., who also noted that the Biden framework, if successful, would not raise corporate taxes as investors had feared.

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Ostensibly, this is good for corporate profits.Go ahead, said Stone.

The performance of the US Treasuries In 10 years it increased from 1.53% to 1.56%. The banking sector, which is benefiting from higher yields, has been booming. Bank of America is offering 1.5%.

(With information from The Associated Press and Reuters)

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