fbpx
Saturday, May 28, 2022
No menu items!

Wall Street ends higher supported by Microsoft

The S&P 500 ended higher on Wednesday (April 27), following a steep drop the day before, with strong revenue forecasts from Microsoft and Visa helping to alleviate worries about slowing global economic growth and rising interest rates.

Microsoft Corp rallied after the software heavyweight late on Tuesday gave a strong revenue forecast, while payments network Visa Inc jumped after it predicted revenue above pre-pandemic levels.

The S&P 500 gained 8.76 points, or 0.21%, to end at 4,183.96 points, while the Nasdaq Composite lost 1.81 points, or 0.01%, to 12,488.93.

The Dow Jones Industrial Average rose 61.75 points, or 0.19%, to 33,301.93.

(Production: Kyoko Gasha)

Latest News

Trump urges end to gun-free school zones, easier confinement of ‘deranged’ people

Former President Donald Trump on Friday (May 27) called for a "drastic" change to the United States'...

A week after school shooting, Texas convention attracts gun enthusiasts

Gun enthusiasts browsed some of the latest firearms that were on display at the National Rifle Association convention in Houston on Friday...

Depp, Heard lawyers make final pitch to jurors in defamation case

Johnny Depp's attorneys appealed to jurors on Friday (May 27) to restore his reputation with a verdict in his favor, while lawyers...

Police acknowledge ‘wrong decision’ in delay in confronting Texas school shooter

Police made the "wrong decision" in waiting nearly an hour for additional officers before breaching the classroom where a gunman killed 19...

‘Blood is on your hands’: Protesters berate gun violence at NRA convention

Protesters angered over the shooting deaths of Texas elementary school students, converged Friday (May 27) outside the gun-lobby National Rifle Association's annual...

More Articles Like This