Wall Street opens mostly higher on earnings reports

Markets | Technology 1/12/2018, 3:38 PM
Wall Street opens mostly higher on earnings reports

Stock markets in the United States opened mostly higher on Friday after strong corporate earnings reports. Banking giant JPMorgan Chase & Co. published an increase of 39% compared to the previous quarter, whereas Wells Fargo & Company earnings were also above expectations.

The Dow Jones started the session 0.35% higher, with Boeing adding 1.19%.

The Nasdaq 100 was almost flat, down 0.03%. Facebook Inc. lost 4.43% after an announcement about major News Feed changes.

The S&P 500 rose 0.10%, as Kohl's Corp. jumped 4.92%.

The euro gained 0.89% compared to the dollar and sold for 1.21364 at 3:34 pm CET.

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