The Stock Markets in New York Started With Gains on Thursday
The stock markets in New York started the new day with gains on Thursday. Tech company Uber fell after the announcement of its quarterly figures.
A selection of other large companies also updated investors about the results of the past quarter.
Uber managed to reduce its annual loss in 2020 compared to the year before but saw revenue drop in the fourth quarter. Delivery services could not make up for the loss of revenue from his taxi app. Due to travel restrictions worldwide, the taxi industry has to contend with a significant loss of income. The Uber share gave up 3 percent in the first trading minutes.
The Dow Jones index improved 0.3 percent to 31,525 points. The broader S&P 500 rose 0.3 percent to 3920 points while the Nasdaq gained 0.5 percent to 14,044 points.
The known indicators recently reached record levels again. The expectations regarding extra corona support in the United States play a significant role in this. President Joe Biden announced a $ 1,900 billion stimulus package.
The United States Department of Labor reported that the number of weekly benefit claims fell by 19,000 to 793,000. It is the fourth week in a row that the number of aid applications has fallen.