New York, October 16 (FinanceEnquiry.com) – With futures for the S&P 500 rise by 0.04 percent, Dow Jones futures rise by 0.07 percent and NASDAQ 100 futures rise by 0.22 percent, today, the US stock index futures indicated to an elevated open on Wall Street.
Looking for additional perception on the impact from the worldwide deceleration on corporate outcomes, from leaders for instance The Goldman Sachs Group, Inc (NYSE: GS), International Business Machines Corporation (NYSE: IBM) and Intel Corporation (NASDAQ: INTC), investors expected results.
As informed by Microchip Technology Inc (NASDAQ: MCHP), a manufacturer of chip, given the soft requirement in the industry of chip manufacturing, revenue of second quarter was probably under its previous approximations.
If to believe on the words of Amazon.com Inc (NASDAQ: AMZN) then at its implementation centers all across the United States, cyclical workers above 50,000 will be hired. Supported by supply apprehensions when the European Union hit additional sanctions on Iran, oil stabled over $115 on October 16.
Moreover, by 95.38 points, or 0.72 percent, the Dow Jones industrial average increased to 13,424.23 at the end. Also, so to close at 1,440.13, the Standard & Poor’s 500 Index improved by 11.54 points, or 0.81 percent and in order to end at 3,064.18, the NASDAQ Composite Index increased by 20.07 points, or 0.66 percent.
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