The Dow Jones fell by 0.08% to 17217,11 point, high-tech NASDAQ – on 0,5%, to 4880,97 points, the index of wide market S&P 500 – on 0,14%, to 2030,77 item.
MOSCOW, 20 Oct. U.S. stocks on Tuesday fell amid reports of local companies, which were worse than expected, according to data exchanges.
The Dow Jones fell by 0.08% to 17217,11 point, high-tech NASDAQ — on 0,5%, to 4880,97 points, the index of wide market S&P 500 — on 0,14%, to 2030,77 item.
Net profit of American financial-industrial giant UTC in the third quarter, the profit of the company decreased by 18.7% to 1,426 billion dollars in revenue by 5.6% to 13,788 billion.
Profit financial giant BNY Mellon during the same period amounted to 827 million dollars, having decreased in annual terms by 25.2%. Revenue decreased by 20.8% to 3,031 billion.
One of the largest us Telecom operators Verizon Communications Inc. in the third quarter increased its net profit by 9.9% to 4,171 billion, and operating revenue by 5% to 33,158 billion.
Meanwhile, better than expected was released Tuesday data on the housing market. The number of new homes in the United States in September grew by 6.5% compared with the revised August figure and amounted to 1,206 million, while analysts had expected growth rate of 1.9%.
“The season (reports) in the U.S. began to fail, and the economic data make a strong case in favor of a rate hike by the Fed this year”, — quotes Agency MarketWatch words IG analyst David Madden (David Madden).