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15.04.2020 DOW JONES Daily Analysis

The Dow gained on Tuesday along with all the other major indices. The Index gained 2.39% and closed at  23,949.76 (+558.99). This was following the

15.04.2020 DOW JONES Daily Analysis
Yazar: Zack Smith

Yayınlanma: 16 Nisan 2020 11:13

Güncellenme: 6 Kasım 2024 14:49

15.04.2020 DOW JONES Daily Analysis

The Dow gained on Tuesday along with all the other major indices. The Index gained 2.39% and closed at  23,949.76 (+558.99). This was following the news that most states are planning to reopen their economies. However, some of the companies on the Dow reported their quarterly results and most of them reported negative results with large profit declines. JP Morgan, Johnson, and Johnson, and Wells Fargo were some of these companies. JP Morgan, the largest bank in the US had a net income of $2.9 billion compared to $9.2 from the previous year. JP Morgan was among the worst performers in the Dow along with Boeing and American Express Company. The best performers were Apple Inc, Raytheon Technologies and Walgreen Boots alliance.
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