PARIS, May 17 (Reuters) – The New York Stock Exchange opened sharply higher on Tuesday as positive earnings results from several large groups amplified the general upturn in risk appetite already seen in markets in Asia and the United States. ‘Europe.
A few minutes after the start of trading, the Dow Jones index gained 322.31 points, or 1%, to 3.2545.73, the Standard & Poor’s 500 rose 1.38% to 4,063.26 and the Nasdaq Composite took 2, 08% to 11,904.84.
The rebound was driven by large caps in the high-tech sector and growth stocks, such as Microsoft, which gained 1.6%, Apple (+ 1.97%) or Tesla (+ 3.29%).
The Shanghai Stock Exchange ended the day with an increase of 0.65% and the European Stoxx 600 index advanced by 1.27%, taking advantage of the announced easing of health restrictions in Shanghai and statements by the Chinese Vice-Premier. Liu He favorable to the “tech” sector.
The day’s US economic indicators are also reassuring: retail sales increased by 0.9% in April, as expected, and industrial production by 1.1% while the Reuters consensus had it up by 0.5%. % only.
In the news of the results, Home Depot, the number one American DIY and home improvement store, wins 3.62%, the best performance of the Dow Jones, after raising its sales forecast. annual.
Airline group United Airlines, which did the same, gained 5.06%.
Walmart, on the other hand, fell 8.66% after lowering its annual profit target, its margins suffering from inflation.