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Wall Street divergence amid corporate earnings announcement

2019-04-24 01:58 pm | Resource: NEWS | No Views : 122

Wall Street divergence amid corporate earnings announcement

Wall Street opened mixed on Wednesday amid quarterly reports from Boeing, Caterpillar, Nasdaq.

Investors are awaiting earnings reports from Tesla, Facebook, Visa, Microsoft and PayPal at the end of the trading day.

Earlier in the day, stock futures rebounded, but they lost some momentum after US President Donald Trump announced he would send armed forces to the southern border of the United States with Mexico.

Trump will send armed soldiers to the Mexican border

US President Donald Trump said on Wednesday he was sending "armed soldiers" to the border with Mexico to prevent a "new convoy of more than 20,000 people" from entering the country. He also urged the neighbor of South America to increase efforts to arrest alleged migrants.

"A large convoy of more than 20,000 people has started through Mexico, Mexico has been reduced by size but is still coming in. Mexico must arrest the rest or we will have to close this part of the border and summon the army." Wolves and cartels have weapons ! "

"Mexican soldiers have recently withdrawn arms from the National Guard, perhaps as a diversion tactic for drug smugglers on the border, it's better not to happen again," he said in a second tweet. "We are now sending armed soldiers to the border. On and back! "

Trump has repeatedly urged Mexico to do more to fight criminal cartels and prevent illegal immigration to the United States, even the threat of customs duties on Mexican car exports and border closures.

Wall Street Opens
  • The Dow Jones industrial average lost 0.09% at 15:31 CET.
  • The Nasdaq 100 rose 0.10% at 15:33 CET with eBay as the best trading stock, rising 4.06% at 15:35 CET. After a profit report released after the bell on Tuesday.
  • At the same time, the S & P 500 index was flat, dropping 0.03% at 15:32 CET.

The euro fell 0.35% against the dollar to go at 1.1189 at 15:32 CET. The pound also rose 0.05% against the US currency to trade at 1.2943 at 15:34 CET.

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