The Stock Exchanges in New York Showed A Mixed Picture on Friday
The stock exchanges in New York showed a mixed picture at the opening on Friday, after the strong minuses a day earlier.
Technology stocks were picked up again by investors on Wall Street after price losses earlier this week. Amazon, Apple, Facebook, Google parent Alphabet and Netflix were up 1.8 percent.
Shortly after the start, the Dow Jones index recorded 0.2 percent lower at 31,339 points. The broad S&P 500 rose 0.3 percent to 3,841 points, and the Nasdaq technology gauge climbed 1 percent to 12,963 points.
Computer game vendor GameStop won more than 17 percent more. On Thursday, the stock already rose more than 18 percent after new actions by Reddit investors. Again, they are trying to thwart short-sellers, speculators who want to make money from a fall in prices.
Software group Salesforce lost 2.7 percent after disappointing profit expectations. Sporting goods retailer Foot Locker was lowered nearly 9 percent due to disappointing sales in the past quarter.
The macroeconomic field announced that consumer spending in the United States increased by 2.4 percent in January. In December, consumer spending in the world’s largest economy declined by an adjusted 0.4 percent.
Americans’ personal incomes jumped 10 percent last month, thanks to government support checks to help households through the crisis.